The board of directors of Man Wah Holdings Limited hereby announced that with effect from 31 December 2020, for the purpose of pursuing her other personal commitment, Ms. Yang Huiyan will resign as Chief Financial Officer of the company. The Board further announced that it has resolved to appoint Mr. Yang Qing as the Chief Financial Officer with effect from 31 December 2020. Mr. Yang has joined the Company as the deputy chief financial officer since May 2020. He worked for Hisense Group Co. Ltd. from February 2001 to March 2020.