Thing On Enterprise Limited announced Mr. Wen Cyrus Jun-Ming resigned as an independent non-executive director and ceased to be the chairman of the remuneration committee and a member of each of the audit committee and the nomination committee with effect from the conclusion of the AGM; and Mr. Hung Franklin Chi Yen was appointed as an independent non-executive director and the chairman of the remuneration committee and a member of each of the audit committee and the nomination committee with effect from the conclusion of the AGM. Mr. Hung, is currently the director of IDEAL Fastener Asia Limited. Hung is also a managing director of IDEAL Group Investment (Global) Limited.

Mr. Hung has over 10 years of experience in business development and strategic planning, project investment and real estate investment in Hong Kong.