EVA Precision Industrial Holdings Limited announced that Choy Tak Ho aged 91, had reached retirement age and ceased to be an independent non-executive director of the Company upon his retirement by rotation at the annual general meeting of the Company held on 15 June 2020, as he did not offer himself for re-election at the AGM. Choy was appointed as an independent non-executive director of the company in January 2005. Choy confirmed that he has no disagreement with the Board and that is no matter in relation to his retirement that needs to be brought to the attention of the shareholders of the Company. Upon the retirement of Choy as an independent non-executive director at the AGM, he ceased to be the chairman and a member of the remuneration committee of the Company and a member of the audit committee and nomination committee of the Company, all with effect from 15 June 2020. Further to the retirement of Choy, the Board announces that Lam Hiu Lo was appointed as the chairman of the remuneration committee of the Company to replace Choy with effect from 15 June 2020. The Board announced that Chai Ngai Chiu, Sunny was appointed as an independent non-executive director and a member of the Company's audit committee, nomination committee and remuneration committee respectively, all with effect from 15 June 2020. Chai, aged 53, has over 30 years of experience in the field of manufacturing. Chai is currently the group managing director of Fook Tin Group Holdings Limited. He has also been a director of Fook Tin Technologies Limited since 1997. In 2018, Chai assumed the position of the chairman of Hong Kong Science and Technology Parks Corporation. Chai did not hold any directorship in other listed companies in the last three years.