Century Legend (Holdings) Limited announced that effective from 21 October 2022 Mr. Wu BinQuan ("Mr. Wu") will be appointed as an independent non-executive Director. On the same date, Mr. Wu will also be appointed as a member of each of the audit committee, the remuneration committee and the nomination committee of the Company. Mr. Wu, aged 69, had been an executive director of the Company for the period from February 2006 to September 2011.

He was responsible to oversee the finance and operation of the Group's hotel related investment in Macau. Mr. Wu had been a director of an associated company of the Group for the period from February 2006 to March 2008 acting as a hotel owner's representative in Macau to whom the hotel management reported on the hotel's finance and operation. Before Mr. Wu resigned from the Group, he was responsible for Group's property investment in Macau.

Mr. Wu received his training in hotel management in Mainland China and has over 28 years of experience in hotel industry. He was financial controller, acting general manager, project controller in finance for different hotels or resorts in Guangzhou, Xian, Haikou, Suzhou, Shenyang, Beijing and Philippines. Mr. Wu holds professional diploma in International Accounting from Beijing Economic Correspondence University, professional diploma in Commercial Accounting from Shenzhen University (Correspondence).

The Board also announced that Ms. Chu Ming Tak Evans Tania, a current executive director of the Company, ceased to be a member of the Remuneration Committee and the Nomination Committee with effect from 21 October 2022 while on the same date Mr. Wu will also be appointed as a member of the Audit Committee, the Remuneration Committee and the Nomination Committee.