The board of directors of Ground International Development Limited announced that Mr. Chan Yuk Tong ("Mr. Chan") has tendered his resignation as an independent non-executive Director of the Company with effect from 30 April 2019. Mr. Chan also resigned as the chairman of each of the audit committee and the remuneration committee and a member of the nomination committee of the company. The Board also announced that Mr. Tsang Hung Kei ("Mr. Tsang") has been appointed as an independent non-executive Director, the chairman of the audit committee, and the member of the remuneration committee and the nomination committee with effect from 30 April 2019. Mr. Tsang has more than 20 years of experience in financial management and reporting and corporate governance. He is a fellow of the Association of Chartered Certified Accountants, a fellow of the Hong Kong Institute of Certified Public Accountants and a fellow of the Institute of Chartered Accountants in England and Wales. Mr. Tsang had years of working experience in an international accounting firm and is currently the chief financial officer of Pak Fah Yeow International Limited. Mr. Chan has ceased to be the chairman and a member of the audit committee of the company, and Mr. Tsang has been appointed as the chairman and a member of the audit committee of the company. Mr. Chan has ceased to be the chairman and a member of the remuneration committee of the company, Mr. Tsang has been appointed as a member of the remuneration committee of the company, and Ms. Cui Xintong has been appointed as the chairperson of the remuneration committee of the company. Mr. Chan has ceased to be a member of the nomination committee of the company, and Mr. Tsang has been appointed as a member of the nomination committee of the company.