The board of Winto Group (Holdings) Limited announced the appointment of three directors nominated by the Offeror to the Board, namely Mr. Wen Kai, Mr. Tsang Zee Ho, Paul and Mr. Tse Chi Wai as new independent non-executive directors will take effect on 24 January 2018. Mr. Wen has over 10 years of experience in venture capital, management consulting, and corporate mergers and acquisitions. Mr. Wen is currently the Principal at Steamboat Ventures Investment Advisory (Shanghai) Co. Ltd. He is also the Founding Partner of two internet companies and Enlight Growth Partners, a venture capital firm dedicated in technology, media and consumer sector investments. Mr. Tsang is a non-practicing member of the Hong Kong Institute of Certified Public Accountants. Mr. Tsang has over 30 years of experience in financial and accounting management, fund raising and tax planning as well as corporate finance transactions such as mergers and acquisitions, and asset disposals. Mr. Tsang is currently the senior consultant with Morrison & Company Limited. Mr. Tse has over 25 years of experience in auditing, accounting and finance gained from working in various international accounting firms and listed companies. Mr. Tse is a fellow member of the Association of Chartered Certified Accountants and a member of the Hong Kong Institute of Certified Public Accountants. Mr. Tse currently is an executive director, the chief financial officer and company secretary of China Information Technology Development Limited, an executive director of Jih Sun Financial Holding Company Limited, an independent non-executive director of Chong Kin Group Holdings Limited, China Environmental Technology Holdings Limited, Great Water Holdings Limited, and Huarong Investment Stock Corporation Limited.