Smart-Core Holdings Limited announced that, with effect from 6 December 2021: Mr. Yan Qing (``Mr. Yan'') shall resign as an executive Director, so as to devote more time to fulfill his role as the chief executive officer and director of Quiksol International HK Pte Limited, a non-wholly owned subsidiary of Group; and Mr. Wong Hok Leung (``Mr. Wong'') shall resign as an independent non-executive Director, the chairman of the audit committee of the Company and members of each of the remuneration committee and nomination committee of the Company so as to devote more time to his other business commitments. The Board announced that, with effect from 6 December 2021: Mr. Mak Hon Kai, Stanly (``Mr. Mak'') shall be appointed as an executive Director; and Ms. Xu Wei (``Ms. Xu'') shall be appointed as an independent non-executive Director, chairman of the Audit Committee and members of each of the Remuneration Committee and Nomination Committee. Mr. Mak, aged 60, is the chief marketing officer of the Group, responsible for the overall marketing strategy and marketing of the Group. Mr. Mak has more than 30 years' experience in the sales and marketing of electronic components. Mr. Mak joined the Group in December 2020. Prior to joining Group, Mr. Mak acted as the group CEO (distribution business) and group executive director in Daiwa Associate Holdings Limited, a company listed on the Stock Exchange from October 1988 to March 2013. Mr. Mak acted as the chief executive officer and vice chairman of Protech Century Limited from February 2013 to August 2018, Mr. Mak acted as the chief executive officer and vice chairman of V & V Technology Limited, a subsidiary of S.A.S. Dragon Holdings Limited, a company listed on the Stock Exchange from November 2018 to August 2019. Ms. Xu, aged 51, is an executive director and financial controller of PT International Development Corporation Limited, since 2017. Ms. Xu is also a director of various subsidiaries of PT International Development Corporation Limited.