The board of directors of Honghua Group Limited announced that Mr. Poon Chiu Kwok has tendered his resignation as an Independent Non-Executive Director, and member of Remuneration Committee, Audit Committee and Strategic Investment and Risk Control Committee of the Company with effect from 1 December 2021, due to devoting more time to personal business commitments. Following the resignation of Mr. Poon and with effect from 1 December 2021: The Audit Committee would be comprised of Mr. Wei Bin (Committee Chairman), Mr. Chen Guoming, Ms. Su Mei and Mr. Chang Qing. The Remuneration Committee would be comprised of Ms. Su Mei (Committee Chairman), Mr. Zhang Mi, Mr. Jin Liliang and Mr. Wei Bin. The Strategic Investment and Risk Control Committee would be comprised of Mr. Jin Liliang, Mr. Zhang Mi, Mr. Ren Jie and Mr. Chang Qing.