The board of directors of KuangChi Science Limited announced that Mr. Choi Wing Koon (Mr. Choi) has been appointed as an independent non-executive Director and the chairman of the audit committee of the Company with effect from 21 October 2019. In the meantime, Dr. Wong Kai Kit will cease to be the chairman of the audit committee of the Company with effect from 21 October 2019. After the aforesaid re-designation, Dr. Wong Kai Kit will remain to be a member of the audit committee, a member of nomination committee, the chairman of remuneration committee and an independent non-executive Director of the Company subject to retirement by rotation according to the bye-laws of the Company. Mr. Choi has over 15 years of experience in accounting and the company secretarial field. Mr. Choi is currently the financial controller and company secretary of Huanxi Media Group Limited (stock code: 1003), the shares of which are listed on the Main Board of The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). He is currently an independent non-executive Director of Universe Entertainment and Culture Group Company Limited (stock code: 1046), the shares of which are listed on the Main Board of the Stock Exchange. He was also an independent non-executive director of G Neptune Berhad, a company listed on the ACE Market of Bursa Malaysia Securities Berhad from May 2014 to May 2017. Upon the appoint of Mr. Choi as the chairman of the audit committee of the Company, the audit committee comprises of three members, namely Mr. Choi, as chairman, Dr. Liu Jun and Dr. Wong Kai Kit, both independent non-executive Directors, as members. The Board would like to express its warm welcome to Mr. Choi on his appointment as an independent non-executive Director and a chairman of the audit committee of the Company.