Royal Group Holdings International Company Limited announced the resignation of Mr. Wong Man Wai as chief executive officer. Mr. Wang Yongqiang has been appointed as the chief executive officer of the Company. Mr. Wang Yongqiang (Mr. Wang'), aged 39, has extensive experience in corporate management and operation.

Since November 2021, Mr. Wang has been the chairman of the board of directors of Jiangsu Jinmifang Industrial Development Co. Ltd. From March 2016 to May 2019, Mr. Wang served as the vice president of Zhongneng Dongdao (Shenzhen) Investment Holding Management Co. Ltd. Mr. Wang obtained a bachelor's degree in machine design and manufacturing and automation from Anshan University of Science and Technology in the People's Republic of China in July 2006 and completed his further studies in industrial engineering at Northeastern University in the People's Republic of China in December 2006.

Mr. Wang was the sole director and general manager of Zhengzhou Amoeba Culture Media Co. Ltd.