The board of directors of Peking University Resources (Holdings) Company Limited announced that Li Fat Chung and Wong Lam Kit Yee resigned as independent non-executive directors of the company with effect from 1 April 2020 due to the intention to concentrate on their respective business engagements. Li Fat Chung also ceased to be a member and chairman of both the audit committee and the remuneration committee of the Board and Wong Lam Kit Yee ceased to be a member of the audit committee, the remuneration committee and the nomination committee of the Board with effect from 1 April 2020 due to their resignation. The Board also announced that Lau Ka Wing and Lai Nga Ming, Edmund were appointed as independent non-executive directors with effect from 1 April 2020. Lau is the sole proprietor of Lau Ka Wing Certified Public Accountant since March 2015, and a practicing director of Unity CPA Limited since August 2019. Lai is the company secretary of Luxxu Group Limited. With effect from 1 April 2020, Chan Chung Kik, Lewis was appointed to replace Li Fat Chung as the chairman of the audit committee of the Board; Lau was appointed to replace Li Fat Chung as a member of the audit committee and the chairman of the remuneration committee of the Board; and Lai was appointed to replace Wong Lam Kit Yee as a member of the audit committee, the remuneration committee and the nomination committee of the Board.