Xinming China Holdings Limited announced that the Company received the resignation letters from Mr. Lo Wa Kei, Roy, an independent non-executive Director, and Mr. Chou Chiu Ho, a non-executive Director. Due to their other work arrangements and focus on other personal commitments, Mr. Lo has resigned as an independent non-executive Director and a member of the audit committee, while Mr. Chou has resigned as a non-executive Director with immediate effect. The Board announced that Mr. Lau Wai Leung, Alfred has been appointed as an independent non-executive Director and a member of the audit committee to fill in the vacancy upon Mr. Lo's resignation; and Mr. Zhou Zhencun has been appointed as a non-executive Director of the Company to fill in the vacancy upon Mr. Chou's resignation, both with immediate effect. Mr. Lau, aged 41, accumulated more than 19 years of working experience in accounting, corporate finance, debt restructuring and private equity investment. Since July 2020, Mr. Lau has been the company secretary of Risecomm Group Holdings Limited. Mr. Lau was a non-executive director of Risecomm from November 2017 to January 2019. He was subsequently re-designated as an executive director from January 2019 to June 2020 and has been reappointed as an executive director since January 2021. Mr. Zhou, aged 60, has accumulated more than 41 years of working experience in trading and energy field. Mr. Zhou has been a deputy general manager of Central Century Energy Investment Co. Ltd.