VCREDIT Holdings Limited announced the retirement of Mr. Wu Chak Man as an independent non-executive director of at the annual general meeting of the Company held on 18 June 2021. As a result of Mr. Wu's retirement, Mr. Fang Yuan, an independent non-executive director, has been appointed a member and chairman of the Audit Committee and member of the Remuneration Committee and Nomination Committee, with effect from 19 June 2021.