Power Financial Group Limited announced that with effect from 31 January 2022, Ms. Sin Pui Ying ("Ms. Sin") has resigned as an executive Director due to her desire to devote more time to other commitments. The Board also announced that in contemplation of the resignation of Ms. Sin, Mr. Li Wing Cheong ("Mr. Li") has been appointed as an executive Director with effect from 31 January 2022. Mr. Li has over 25 years of work experience in the area of accounting, auditing and loan financing.

He joined the Group in June 2021 and served as the vice president of the Company's subsidiaries. He was appointed as an executive Director with effect from 31 January 2022. Before his appointment as an executive Director, he worked in various local securities firms and loan financing companies.