The board of directors of Cosmo Lady (China) Holdings Company Limited announced that Mr. Zhao Yingming has resigned, with effect from 9 September 2021, as a non-executive director of the company due to his other business development. The Board announced that Ms. Fung Yat Carol has been appointed as a non-executive director of the company with effect from 9 September 2021. Ms. Fung, aged 53, is currently a senior vice president of JD.com Inc., a company listed on the Main Board of the Stock Exchange and the Nasdaq Stock Market. Ms. Fung is also the president of JD Fashion & Lifestyle since July 2021 and served as the president of JD Worldwide, JD FMCG and JD FMCG Omnichannel from April 2014 to June 2021. Ms. Fung is currently also a non-executive director of China Dili Group from 25 June 2021, a company listed on the Main Board of the Stock Exchange. Ms. Fung also served as a director of Better Life Commercial Chain Share Co. Ltd. from February 2021 to August 2021, a company listed on the Shenzhen Stock Exchange. Ms. Fung has more than 20 years of practice experience in merchandising and senior leadership. Prior to joining JD.com, she served as a vice president of e-commerce business of Tencent Holdings Limited, a company listed on the Stock Exchange, from September 2013 to April 2014. Ms. Fung served as a vice president of hypermarket merchandising of Wal-Mart China Investment Co. Ltd. from April 2001 to May 2013 and served as an officer of L&J Garment Ltd. from March 1995 to April 2001.