The board of directors of Neway Group Holdings Limited announced that with effect from 19 April 2017, Mr. Lai Sai Wo, Ricky ("Mr. Lai") has been appointed as an independent non-executive Director and a member of each of the audit committee ("Audit Committee") and the remuneration committee ("Remuneration Committee") of the board. Mr. Lai has more than 15 years of accounting and management experience. He is currently the financial controller and the company secretary of Jolimark Holdings Limited. Mr. Lai was appointed as the company secretary of the Company from August 2006 to March 2007.