The board of directors of Jun Yang Financial Holdings Limited announced that Mr. Wu, William Wai Leung has been appointed as an executive Director and the chief executive officer of the company. Mr. Wu is currently an independent non-executive director of Asia Allied Infrastructure Holdings Limited. He was also the chief executive officer of SW Kingsway Capital Holdings Limited.

The Board announced that Mr. Choi Chun Chung, Danny has been appointed as a non-executive Director and the Chairman of the Board with effect from 3 November 2017. Mr. Choi has extensive experience in the wholesaling of diamonds and jewellery. He was employed by Wing Hang Company from 1979 to 1990.

Wing Hang Company was principally engaged in wholesales of diamonds and jewellery in Hong Kong. Since 1991, he has been a director of Diamond Outline Limited. Mr. Choi was a director of Asia Champion Trading Limited, date of dissolution 18 February 2015.

Following the appointment of Mr. Choi, the Board announced that with effect from 3 November 2017, the members of the Remuneration Committee and the nomination committee of the Board have been changed as: Remuneration Committee ­ Mr. Wong Kun To ("Mr. Wong") (Chairman), Mr. Choi, Mr. Chu Hau Lim ("Mr. Chu") and Ms. Lim Xue Ling, Charlene ("Ms. Lim"); and Nomination Committee ­ Mr. Choi (Chairman), Mr. Wong, Mr. Chu and Ms. Lim.