Eagle Legend Asia Limited announced that with effect from 4 November 2019: Mr. Winerthan Chiu has resigned as an executive Director and the Chief Executive Officer; Ms. Yang Yan Tung Doris has resigned as an independent non-executive Director; Mr. Zhao Yi has been appointed as an executive Director and the Chief Executive Officer; and each of Mr. Li Yongjun and Mr. Xu Xiaowu has been appointed as an independent non-executive Director. The company also announced that with effect from 4 November 2019, Mr. Winerthan Chiu has ceased to be a member of the Remuneration Committee and an Authorised Representative; Ms. Yang Yan Tung Doris has ceased to be the chairman and a member of the Remuneration Committee, a member of the Audit Committee and a member of the Nomination Committee; Mr. Zhao Yi has been appointed as a member of the Remuneration Committee and an Authorised Representative; Mr. Li Yongjun has been appointed as the chairman and a member of the Remuneration Committee and a member of the Nomination Committee; and Mr. Xu Xiaowu has been appointed as a member of the Audit Committee. Mr. Zhao Yi worked in various positions including but not limited to chief financial officer, department head and general manager in a property developer group since 2010, mainly responsible for finance matters.

Mr. Li Yongjun has more than 30 years of experience in legal works in the PRC. He worked as the legal consultant of Tangshan Iron and Steel Co. Ltd. Mr. Xu Xiaowu has more than 27 years of experience in audit and accounting works in the PRC.

He worked as a senior consultant of Shenzhen Guohao Accounting Firm and since October 2015, Mr. Xu has been the branch manager of Zhongzheng Tiantung Accounting Firm, Shenzhen Branch.