The Board of Great World Company Holdings Ltd. announces that with effect from 13 August 2021 Dr. Yang Fuyu has resigned from his position as an independent non-executive Director, a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee; and Mr. Jing Baoli has been appointed as an independent non-executive Director, a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee. Currently, Mr. Jing is an Independent Non-executive Director of China Resources and Transportation Group Limited.