Yuanda China Holdings Limited announced that Mr. Poon Chiu Kwok has tendered his resignation as an independent non-executive director of the Company and will cease to be a member of the audit committee and the nomination committee of the Company, all with effect from 9 September 2023 in order to accommodate the Company's current director succession plan. Mr. Poon has confirmed to the Company that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company.