The board of directors of Magnus Concordia Group Limited announced that Mr. Liu Ying Shun has been appointed as an independent non-executive Director, a member and the chairman of the audit committee, a member of the nomination committee and a member of the remuneration committee of the Company, with effect from 25 November 2022. Mr. Liu, aged 39, has more than 16 years of experience in the field of audit and assurance. He founded Zhong Pu Risk Management Limited and has been a director of Zhong Pu since then.

Since July 2022, Mr. Liu has been an independent non-executive director of Shunten International (Holdings) Limited. Since August 2021, Mr. Liu has been an independent non-executive director of MIE Holdings Corporation. Since November 2019, Mr. Liu has also been the company secretary of Polyfair Holdings Limited.

Prior to founding Zhong Pu, Mr. Liu worked as an assurance manager and senior associate at PricewaterhouseCoopers Limited from 2014 to 2016 and 2010 to 2012, respectively, a finance manager at Wong's Kong King International (Holdings) Limited from 2012 to 2013, and also at Shu Lun Pan Horwath Hong Kong CPA Limited (an accounting firm which has been merged into BDO Limited) from 2006 to 2009, with his last position as a senior associate. Mr. Liu obtained a Bachelor's Degree in Business Administration from Lingnan University in Hong Kong and is a member of the Hong Kong Institute of Certified Public Accountants since 2010.