On November 24, 2021, Takung Art Co., Ltd. appointed Mr. Tak Ching (Anthony) Poon as a member of the Board, to fill in the vacancy result from the resignation of the former Board member as previously disclosed on current report on Form 8-K filed on November 18, 2021. Mr. Poon shall be eligible for reelection (along with the Company?s other directors) at the Company?s upcoming Annual Meeting of Shareholders. Mr. Poon has over 14 years of experience in the field of banking, accounting and corporate finance. He joined ALE Corporate Services Limited, a Hong Kong company providing accounting and corporate consulting services to small and medium-sized businesses and served as its Chief Executive Officer since April 2018. He is also the Chief Executive Officer and Chairman of ALE Group Holding Ltd., the parent company of ALE Corporate Services Limited.