PanAsialum Holdings Company Limited announced that Dr. Cheung Wah Keung will cease to serve as the Independent Non-executive Chairman of the Board with effect from 1 July 2022 in order to focus on his other business commitments. Dr. Cheung will remain to act as an independent non-executive Director, chairman of the remuneration committee, and member of each of audit committee, nomination committee and environmental, social and governance committee of the Company. The Company's current chief executive officer and executive Director, Mr. Pan Zhaolong has been appointed as the Chairman with effect from 1 July 2022.

Mr. Pan Zhaolong aged 30, is the executive Director, chief executive officer, chairman of the environmental, social and governance committee, a member of the nomination committee, and an authorised representative of the Company. Mr. Pan oversees the daily operations as general manager of a major subsidiary of the Company. He started his career in manufacturing with Foxconn Technology Co.

Ltd. in 2011, and founded TySr Industrial Company Limited in November 2012. Mr. Pan was also the Managing Director of the said company from July 2014 to April 2015. From August 2017 to June 2018, Mr. Pan took a sabbatical to study Art History at Tsinghua University before pursuing humanitarian work as a First Responder in Amman, Jordan from July 2018 to February 2020.

Mr. Pan graduated from Harrow School, London, in 2010.