The board of directors of Winto Group (Holdings) Limited announced that Wen Kai has been appointed as member of the audit committee, remuneration committee, nomination committee and corporate governance & risk management committee of the Board; Tsang Zee Ho, Paul has been appointed as member of the audit committee, remuneration committee, nomination committee and corporate governance & risk management committee of the Board; and Tse Chi Wai has been appointed as member of the audit committee, remuneration committee, nomination committee and corporate governance & risk management committee of the Board, all with effect from 24 January 2018. Wen is currently the Principal at Steamboat Ventures Investment Advisory (Shanghai) Co. Ltd. Tsang is currently the senior consultant with Morrison & Company Limited. Tse currently is an executive director, the chief financial officer and company secretary of China Information Technology Development Limited. The initial term of appointment of each of Mr. Wen, Mr. Tsang and Mr. Tse is three years which can be terminated by either party with not less than one months' notice in writing.