The board of directors of China Financial Leasing Group Limited announced that: Mr. Yip Ming has resigned as the Company's independent non-executive Director, member of audit committee and remuneration committee, and chairman of nomination committee with effect from 10 December 2020; and Mr. Tsang Chung Sing Edward has resigned as the Company's independent non-executive Director, member of Nomination Committee and Remuneration Committee, and chairman of Audit Committee with effect from 10 December 2020; Mr. Lam Wai Tsin has been appointed as member of Audit Committee and Remuneration Committee, and chairman of Nomination Committee with effect from 10 December 2020; and Mr. Luk Chi Shing has been appointed as the Company's independent non-executive Director, member of Nomination Committee and Remuneration Committee, and chairman of Audit Committee with effect from 10 December 2020.