The Board of Directors of Hao Bai International (Cayman) Limited announced that with effect from 5 October 2022 Mr. Nam Ho Kwan has resigned as chief executive officer of the Company. Ms. Wong Wing Hung has been appointed as the chief executive officer of the Company. Ms. Wong Wing Hung, aged 49, was appointed as an executive director and compliance officer of the Company in June 2016.

Ms. Wong has over 20 years of experience in project tendering, accounting and administration. Ms. Wong obtained a Bachelor degree in Business Administration from the Open University of Hong Kong in June 2003 and has also completed "ISO 9000:2000 Internal Auditor Training Course" organised by Hong Kong Quality Assurance Agency in November 2001. Ms. Wong has not held any other directorships in any other listed public companies in the last three years as at the date of this announcement.