Ban Loong Holdings Limited announced that Mr. Luk Chi Sing has resigned as the chief financial officer of the Company with effect from 30 April 2022 to devote more time on his personal endeavours. Mr. Luk has confirmed that he has no disagreement with the Board and there are no matters that need to be brought to the attention of the shareholders of the Company. The Board announced that Mr. Liu Huaiyu has been appointed as the
chief financial officer of the Company with effect from 22 June 2022. Mr. Liu, aged 50, holds a master of business administration from Cornell University and a bachelor of economics from Shenzhen University. Mr. Liu is a member of The Hong Kong Institute of Certified Public Accountants, he has over 25 years of experience in finance and management with various large organizations and listed companies. Prior to joining the Group, Mr. Liu was the chief financial officer of V1 Group Limited in 2019. He was an executive director, and the Executive Vice President, and company secretary of Chiho Environmental Group Limited from 2016 to 2017, and he was also served as an executive director and chief financial officer of Xinyuan Real Estate Co. Ltd., a company listed on New York Stock Exchange from 2015 to 2016. Mr. Liu was the Asia Pacific chief financial officer of Savills Plc from 2011 to early 2015.