The board of directors of Reach New Holdings Limited announced that on 26 September 2023 Mr. Lam Cheung Chuen resigned as a non- executive Director of the Company and chairman of the Board with immediate effect.
The resignation of Mr. Lam was due to his other personal and business commitments. Mr. Lam confirmed that as at the date of this announcement, (i) he does not have any claim against the Company in respect of his resignation; (ii) he does not have any disagreement with the Board; and (iii) there are no other matters in relation to his resignation that need to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. The Board announced that, with effect from 26 September 2023, Mr. Lam Kai Yuen, who is currently an executive Director, was appointed as the chairman of the Board. The Board announced that, with effect from 26 September 2023, Ms. Sha Xuanyi was appointed as an executive Director of the Company. Ms. Sha, aged 49, was awarded a bachelor's degree in economics in Huazhong University of Science and Technology, the People's Republic of China in 2006 and a master's degree in computer application technology from Nanjing University of Science and Technology, the PRC in 2016, and a master's degree in science of Chinese environmental studies in Hong Kong Metropolitan University in 2023. Ms. Sha worked at China Merchants Bank in Shenzhen, the PRC from February 1993 to January 2014. Her last position at China Merchants Bank was the general manager of the sales department of China Merchants Bank's Qianhai branch. Since 2014, Ms. Sha has been focusing on the business of personal investment. The Board announces that on 26 September 2023 Mrs. So Chan Wai Hang resigned as an independent non-executive Director of the Company, and ceased to be the chairman of the remuneration committee of the Board, member of the audit committee of the Board and member of the nomination committee of the Board with immediate effect. The resignation of Mrs. So was due to her other personal and business commitments. Mrs. So confirmed that as at the date of this announcement, (i) she does not have any claim
against the Company in respect of her resignation; (ii) she does not have any disagreement with the Board; and (iii) there are no other matters in relation to her resignation that need to be brought to the attention of the Shareholders and Stock Exchange. The Board announced that, with effect from 26 September 2023, Mr. Lin Kin-Chin was appointed as an independent non-executive Director, chairman of the Remuneration Committee, member of the Audit Committee and member of the Nomination Committee. Mr. KC Lin, aged 66, obtained a bachelor's degree from Taipei University of Marine Technology, Taiwan in 1979. Mr. KC Lin had 16 years' experience working as senior management of various companies, namely being the general manager and executive director of in the PRC from October 2007 to June 2021, being the executive director and legal representative of in the PRC from October 2007 to June 2021 and being the director of in the PRC from August 2023 to September 2023. The Board announces that on 26 September 2023 Mr. Chan Fei Fei has resigned as the company secretary of the Company and
ceased to act as the authorised representative of the Company under Rules 5.14 and 5.24 of the GEM Listing Rules with immediate effect. The resignation of Mr. Chan was due to his other personal and business commitments. Mr.
Chan confirmed that as at the date of this announcement, (i) he does not have any claim against the Company in respect of his resignation; (ii) he does not have any disagreement with the Board; and (iii) there are no other matters in relation to his resignation that need to be brought to the attention of the Shareholders and the Stock Exchange. Ms. Chan Mei Wah has extensive experience in auditing and accounting. Ms. Chan graduated from the City University of Hong Kong with a bachelor's degree of Arts in Accountancy. Ms. Chan is currently a director of SAA CPA Limited, a CPA firm in Hong Kong. She is a practising certified public accountant in Hong Kong.