The board of directors of CHTC Fong's International Company Limited announced that Mr. Du Qianyi has tendered his resignation as Chief Financial Officer of the company and other directorship in subsidiaries of the Group with effect from 31 December 2020 due to his new assignment in China Hi-Tech Group Corporation. The Board announced that Ms. Guo Yunfei has been appointed as Chief Financial Officer of the company with effect from 1 January 2021. The last positions she held were deputy general manager and chief accountant.