The Board of Pak Wing Group (Holdings) Limited announced that, with effect from 31 January 2020, Ms. Li Huanli has resigned as an independent non-executive Director, a member of the Audit Committee, the chairlady of the Remuneration Committee and the chairlady of the Nomination Committee; Mr. Lee Man Yeung has been appointed as the chairman of the Remuneration Committee and Nomination Committee with effect from 31 January 2020.