The board of directors of Jun Yang Financial Holdings Limited announced that with effect from 31 August 2017, Mr. Ng Tang has resigned as an executive Director and chief executive officer of the company as he intends to concentrate on his own business engagement. The board also announced that Mr. Sit Sai Hung, Billy has been appointed as an executive director with effect from 31 August 2017. Mr. Sit has been working in the banking and financial related sector for more than 31 years. Mr. Sit is currently an independent non-executive director of China Trustful Group Limited.