Vision Fame International Holding Limited announced that with effect from 13 August 2021: Mr. Ngai has been appointed as a president of the Company; and Mr. Fung has been appointed as an executive director of the Company. Mr. Ngai, aged 54, is Chairman of The Red Group, Chairman of Asia GreenTech Fund, and was previously Managing Director of UBS AG. He has a wealth of experience in the international financial sector. Mr. Fung is currently the Chief Financial Officer and Company Secretary of Richly Field China Development Limited. Mr. Fung worked in the Investment Banking Division of UBS AG and Audit Division of KPMG respectively. From June 2010 to August 2013, Mr. Fung was an executive director of China Metal Recycling (Holdings) Limited.