The Board of Directors of China New City Commercial Development Limited announced that Mr. Ng Mo Chun has resigned as the Company's financial controller, company secretary (the ‘Company Secretary’) and will cease to act as an authorized representative. Mr. Chong Yuk Fai has been appointed as the financial controller, Company Secretary and Authorised Representatives with effect from 30 November 2019. Mr. Chong has over fifteen years of experience in auditing, accounting and corporate finance. Prior to joining the Company, Mr. Chong had worked for an international accounting firm providing assurance services and a number of listed companies in Hong Kong responsible for financial management.