The board of directors of Fullwealth International Group Holdings Limited announced that: Mr. Li Siu Bun has resigned as an independent non-executive Director, the chairman of the audit committee of the Board and a member of each of the remuneration committee of the Board and the nomination committee of the Board with immediate effect. Mr. Wong Chun Man has resigned as an executive Director with immediate effect. Following Mr. Wong's resignation, Mr. Wong ceased to be the authorised representative of the Company under Rule 3.05 of the Rules (the Listing Rules) Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited; and the authorised representative of the Company for accepting the service of process and notices on the Company's behalf in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong).

The Board announced that following the resignation of Mr. Li, Mr. Leung Gavin L. has been appointed as an independence non-executive Director pursuant to article 112 of the amended and restated articles and association of the Company, the chairman of Audit Committee and a member of each of the Remuneration Committee and the Nomination Committee with effect from 12 May 2023. Mr. Leung Gavin L., aged 48, has over 20 years of accounting, audit and company secretarial experience. Mr. Leung obtained his Bachelor's degree of commerce, accounting and finance from Curtin University of Technology in Australia in February 2006; and his Master's degree of laws from University of Greenwich in June 2022.

He has been a fellow member of Certified Practising Accountant Australia (CPA Australia) since January 2019. He has also been a member of Hong Kong Institute of Certified Public Accountants since May 2020. Mr. Leung has been appointed as a company secretary and the authorized representative of Dowway Holdings Limited, since 3 February 2023.

Mr. Leung was appointed as an independent non-executive director of Min Fu International Holding Limited during the period from January 2022 to April 2023. The Company has entered into a letter of appointment with Mr. Leung regarding his directorship for an initial term of three year. His appointment is subject to retirement by rotation and reelection pursuant to the Listing Rules and the Articles.

The Board announced that: following Mr. Wong's resignation, Mr. Wong ceased to be the authorised representative of the Company under Rule 3.05 of the Listing Rules with effect from 12 May 2023; and Ms. Ma Xiaoqiu has been appointed as the authorized representatives of the Company under Rule 3.05 of the Listing Rules with effect from 12 May 2023.