Hong Kong Johnson Holdings Co., Ltd. announced that due to change of work allocation, Ms. XU Jili ("Ms. Xu") has resigned as the non-executive Director and the chairman of the Board with effect from 6 June 2022; and due to change of work allocation, Mr. YE Ning ("Mr. Ye") has resigned as the non-executive Director with effect from 6 June 2022. The Board announced that Mr. JIN Liang ("Mr. Jin") and Mr. YAN Jun ("Mr. Yan") have been appointed as the non-executive Directors with effect from 6 June 2022. Mr. Jin, aged 39, has served as the deputy chief treasury officer and the chief of the capital management centre of Zhuhai Huafa Group Company Limited since June 2018 and April 2020, respectively, where he is responsible for overseeing and monitoring the company's fund management and capital financing. Mr. Jin joined Zhuhai Huafa as the deputy general manager of fund management
division in August 2014, where he was involved in the company's fund management and operations. From October 2017 to June 2018, Mr. Jin served as the general manager of fund management division of Zhuhai Huafa. From June 2018 to April 2020, Mr. Jin served as the general manager of the fund operation and management division and the supply chain finance and management division of Zhuhai Huafa. Apart from his positions held in Zhuhai Huafa, Mr. Jin is also the director of Zhuhai Huafa Trading Holdings Co., Ltd. Zhuhai Huafa Group Finance Co., Ltd. and Zhuhai Urban Construction Group Co., Ltd. Prior to joining Zhuhai Huafa, Mr. Jin was the general manager of the business department of Industrial Bank Co., Ltd. (Zhuhai Branch) from December 2010 to August 2014. He was the general manager of six business departments of Guangdong Nanyue Bank (Guangzhou Branch) from June 2009 to December 2010. Mr. Jin has obtained a graduate certificate of self-study examinations of tertiary education in the laws of international economics with the Zhongnan University of Economics and Law. Mr. Jin has entered into a letter of appointment as non-executive Director with the Company for a term of two years commencing from 6 June 2022, subject to termination in certain circumstances as stipulated in the letter of appointment and retirement and the re-election provisions in accordance with the amended and restated articles of association of the Company. Under Mr. Jin's letter of appointment, Mr. Jin is entitled to a director's fee of HKD 1. Mr. Jin's emoluments were recommended by the remuneration committee of the Board and determined by the Board with reference to the emoluments of the other non-executive Directors. Mr. Yan, aged 40, has served as the deputy chief financial officer and the chief of financial management centre and the general manager of the financial accounting division of Zhuhai Huafa, and the director of Zhuhai Huafa Finance since May 2021. Mr. Yan joined Zhuhai Huafa in March 2015. From January 2017 to May 2021, he served as the project manager of finance division, the general manager assistant of financial management division, the general manager of management accounting division and the deputy chief of financial management centre of Zhuhai Huafa. Prior to joining Zhuhai Huafa, Mr. Yan served in PricewaterhouseCoopers Zhongtian Certified Public Accountants Co., Ltd. (Beijing Branch) and Sinochem Oil Co., Ltd. Mr. Yan obtained a graduate certificate related to a certified public accountant in Accounting Professional with Central University of Finance and Economics in 2003 and obtained a Master of Business Administration from School of Economics and Management, Tsinghua University in 2015. Mr. Yan has entered into a letter of appointment as non-executive Director with the Company for a term of two years commencing from 6 June 2022, subject to termination in certain circumstances as stipulated in the letter of appointment and retirement and the re-election provisions in accordance with the Articles of Association. Under Mr. Yan's letter of appointment, Mr. Yan is entitled to a director's fee of HKD 1. Mr. Yan's emoluments were recommended by the Remuneration Committee and determined by the Board with reference to the emoluments of the other non-executive Directors. The Board announces that following the resignation of Ms. Xu, Mr. XIE Hui ("Mr. Xie"), who is a non-executive Director, has been appointed as the chairman of the Board with effect from 6 June 2022. Mr. Xie, aged 41, was appointed as a Director on 9 July 2018 and re-designated as a non-executive Director on 24 January 2019. Mr. Xie has been a director of Johnson Cleaning Services Company Limited (an indirect wholly-owned subsidiary of the Company) since 25 September 2015, and a director of Johnson Investment Holding Co., Ltd. (a direct wholly-owned subsidiary of the Company) since its incorporation on 10 August 2018. Mr. Xie has also served as the non-executive director of Beijing Digital Telecom Co., Ltd., a company the shares of which are listed on the Main Board of the Stock Exchange from 10 September 2021. Mr. Xie has been the chief strategic operating officer of Zhuhai Huafa since April 2020, and served as the board secretary of Zhuhai Huafa since June 2017. He served as the strategy director of Zhuhai Huafa Investment Holdings Group Co. Ltd. from July 2017 to March 2020, where he was responsible for strategic planning. He served as the board secretary and the general manager of the strategic innovation department of Huafa Investment Holdings Group from September 2012 to July 2017 and from September 2012 to May 2018 respectively. Mr. Xie has been a director of Zhuhai Urban Construction Group Co., Ltd. since May 2020. He was the deputy general manager of Zhuhai Huafa Group Science and Technology Research Institute Co., Ltd. ("Huafa Research Institute") from September 2020 to October 2021 and was promoted to the executive director and geneal manager of Huafa Research Institute since October 2021. Mr. Xie graduated from the University of Science and Technology of China in the People's Republic of China with a bachelor of management in July 2003, and obtained a master's degree in Financial Markets and Intermediaries from the Université Toulouse 1 Sciences Sociales in France in November 2009. Mr. Xie also obtained a professional qualification of intermediate level in finance issued by the Guangdong Provincial Human Resources and Social Security Department in February 2012.