The Board announced that, with effect from 6 March 2024, Ms. Fung Nancy Ruth and Mr. Yu Cheeric have been appointed as independent non-executive Directors. Ms. Fung (former name: Fung Lan Sze, Lanzee), aged 58, obtained a bachelor in economic and social studies from The University College of Wales in the United Kingdom in 1989. Ms. Fung has more than 30 years of experience in the finance industry and was a responsible officer of Type 4 and Type 9 Regulated Activities under the SFO.

From June 1991 to June 1992, Ms. Fung worked at The Stock Exchange of Hong Kong Ltd. as a compliance assistant officer. From June 1992 to March 2001, she worked in various securities houses in Hong Kong as a research or investment analyst, including two years at OCBC Securities (Hong Kong) Limited (currently known as OCBC Securities Brokerage (Hong Kong) Limited), three years and eight months at Daiwa Institute of Research (H.K.) Limited, a year at JS Cresvale International Limited (currently known as JS Cresvale Securities International Limited), and over six months at SBI E2-Capital Financial Services Limited (currently known as SBI China Capital Financial Services Limited). Mr. Yu, aged 48, obtained a bachelor of science in business administration (accountancy) from the California State University and completed the Wharton-Greentown Asset -- Light- Program organised by the University of Pennsylvania.

Mr. Yu is a member of the American Institute of Certified Public Accountants and a certified public accountant of the State of Delaware. Mr. Yu has over 25 years of experience in auditing, advisory business services and finance management. Mr. Yu started his career as an accountant in assurance and advisory business service with Ernst & Young, thereafter, worked for various listed companies on the Stock Exchange, including CLP Holdings Limited Shimao Property Holdings Limited and Greentown Management Holdings Limited.

Mr. Yu is currently a financial controller and company secretary of Wisdom Education International Holdings Company Limited, a company listed on the Main Board of the Stock Exchange. Since February 2020, he has been serving as an independent non-executive director of MBV International Limited a company listed on the Main Board of the Stock Exchange.