The board of directors of Hang Tai Yue Group Holdings Limited announced that with effect from 17 September 2021, Mr. Ng Ting Ho ("Mr. Ng") has been appointed as the Chairman of the Board and a non-executive Director. Mr. Ng was appointed as an executive director of China Demeter Financial Investments Limited ("China Demeter"), a company whose shares are listed on GEM of The Stock Exchange of Hong Kong Limited, with effect from 5 February 2016, was re-designated to a non-executive director with effect from 16 June 2017 and has been re-designated from a non-executive director to an executive director with effect from 3 July 2018. He has also been appointed as the chief executive officer of China Demeter since 1 December 2020.