The board of directors of Vision Fame International Holding Limited announced that the Board has established a risk management committee on 20 April 2020. The Risk Management Committee comprises two executive Directors, namely Mr. Chau Chit and Mr. Zhu Xiaodong, and one independent non-executive Director, namely Mr. Wong Wai Kwan. Mr. Chau Chit is the chairman of the Risk Management Committee. The Board announced that Dr. Zhang Wan, the Company's investment manager, has been appointed as the compliance officer of the Company with effect from 20 April 2020. Dr. Zhang, aged 40, joined the Company as an investment manager in February 2016. Dr. Zhang also currently serves as the chief investment officer of Starlight Culture Entertainment Group Limited. Prior to joining the Company, Dr. Zhang worked in several Hong Kong listed companies where she was responsible for corporate finance, business development, investment management and compliance aspects. She has over 10 years of professional experience in the finance and management fields.