The board of directors of China Wood International Holding Co., Limited announces that Mr. Ho Kin Cheong Kelvin ("Mr. Ho") will resign from his positions as the chief financial officer of the Company (the "Chief Financial Officer") with effect from 7 January 2022. Upon resignation, Mr. Ho will no longer hold any position in the Company. The Board further announces that Mr. Lee Pak Chung, currently the company secretary of the Company, has been appointed as the Chief Financial Officer with effect from 7 January 2022.