The board of directors of Chong Sing Holding FinTech Group Limited announced that Mr. Yin Zhongli ("Mr. Yin") has tendered his resignation as an independent non-executive director of the company, and Mr. Li Gang ("Mr. Li") has tendered his resignation as a non-executive director of the company effective from 28 June 2019 due to their other business engagements and commitments. The Board announced that Mr. Sheng Jia ("Mr. Sheng") has been re-designated as a non-executive director of the Company from an executive director with effect from 28 June 2019 and Mr. Chng Swee Ho ("Mr. Chng") has been re-designated as a non-executive director of the Company from an executive director with effect from 28 June 2019. The Board announced that Dr. Wang Songqi ("Dr. Wang"), the independent non-executive director, and remuneration committee member, to be the chairman of remuneration committee with effect from 28 June 2019. Dr. Wang has consented to take up the role.