Morris Home Holdings Limited announced that following the Share Subscription Completion, Mr. Zou Gebing has resigned as chief executive officer of the Company with effect immediately after the posting of the Composite Document on 17 October 2022. The Board announced that Mr. Chong Tsz Ngai has been appointed as the chief executive officer of the Company with effect immediately after the posting of the Composite Document on 17 October 2022. Mr. Chong Tsz Ngai, aged 34, was a director of debt capital markets (DCM) at United Overseas Bank Limited, Hong Kong Branch from 2021 to 2022.

He was a vice president of DCM of CNCB (Hong Kong) Capital from 2019 to 2021 and was previously a vice president of the fixed income, currency and commodities department of GF Global capital Limited from March to December 2019. Mr. Chong Tsz Ngai has over ten years of experience in the corporate finance industry. Mr. Chong Tsz Ngai holds a Master's Degree in Finance from Imperial College London and was awarded a Bachelor's Degree in accounting and finance with first-class honour by Lancaster University.

Mr. Chong Tsz Ngai is a son-in-law of Mr. Tse Kam Pang, the chairman of the Board, an executive Director and a controlling shareholder of the Company.