Hing Yip Holdings Limited at its Annual General Meeting Held on 26 June 2024, approved Mr. YOU Guang Wu, an executive director of the Company ("ED"), retired as ED with effect from the conclusion of the 2024 AGM. At the same time, Mr. YOU ceased to act as a member of the strategy committee of the Company after the conclusion of the 2024 AGM but will be re-designated as the consultant of the Company.