The board of directors of Jimu Group Limited announced that Mr. Sheung Kwong Cho has tendered his resignation as an executive Director of the Company and an authorised representative of the Company under Rule 5.24 of the Rules Governing the Listing of Securities on the GEM of The Stock Exchange of Hong Kong Limited and Mr. Ni Zhxing has tendered his resignation as an independent non-executive Director of the Company, chairman of the remuneration committee and each a member of the audit committee nomination committee of the Board with effect from 14 November 2021 due to their desires to devote more time to the other personal commitments and work arrangement. The Board announced that Ms. Wei Ju ("Ms. Wei") and has been appointed as an executive Director and Mr. Shum Tsz Yeung ("Mr. Shum") as an non-executive Director and one of the Authorised Representative, with effect from 14 November 2021. Ms. Wei has over 5 years of experience in asset management and administrative work. She was a director assistant in Shenzhen Baoliqin Information consulting Co. Ltd. Mr. Shum, aged 43, was served in Li, Lai & Cheung, Certified Public Accountants from November 1998 to February 2018 and his last position was senior audit manager. He has over 19 years of experience in accounting, auditing, advisory on corporate governance, internal control, financial management and business administration. The Board further announced that with effect from 14 November 2021, Mr. Ni, an independent non-executive Director has resigned as a chairman of the remuneration committee and each a member of the audit committee nomination committee of the Board. Ms. Wei, an executive Director and Mr. Shum, a non-executive Director have been appointed as the member of risk management committee of the Board.