The board of China Fortune Investments (Holding) Limited announced that Mr. Cheng Wing Tsan, Mr. Zhou Dengchao and Ms. Pan Xuemei have been appointed as executive Directors with effect from 14 November 2020. Mr. Cheng has also been appointed as Chairman of the Board in place of Mr. Cheng Chun Tak with effect from 14 November 2020. Mr. Cheng Chun Tak remains as an executive Director.