The board of directors of Hang Yick Holdings Company Limited announced that (i) Mr. Leung Fuk Shun (Mr. Leung) has been appointed as Chairman of the Board and an independent non-executive Director; and (ii) Mr. Ho Chi Yuen (Mr. Ho) has been appointed as executive Director; both with effect from 18 January 2023 (the Appointment). Mr. Leung Fuk Shun, aged 74, was appointed as an independent non-executive Director and the chairman of Board on 18 January 2023. He is responsible for supervising and providing independent advice to Board.

Mr. Leung has over 40 years of experience in the construction industry and worked in the Hong Kong Housing Department of the government, an executive arm of the Housing Authority which is responsible for the management of public housing in Hong Kong, for 35 years with his last position as Chief Technical Officer (Building Works). Mr. Ho Chi Yuen, aged 50, has over 20 years of experience in the construction industry. He is responsible for project estimation and procurement management of the Group.

Prior to joining the Group, Mr. Ho worked in a number of main contractors and construction consultancy firms in Hong Kong since 1996 and he started his own business in 2016. Mr. Ho obtained a bachelor's degree in civil engineering from Hong Kong Polytechnic University in November 1996. Mr. Ho has been a member of Institution of Structural Engineers since 2001 and a member of the Hong Kong Institution of Engineering since 2002.