Cowell e Holdings Inc. announced that The Board currently comprises two executive Directors and three non-executive Directors. All existing Directors have resigned from the Board and their positions in the remuneration committee, audit committee and nomination committee of the Company with effect from the First Closing Date (5 February 2021) (or if the Offers do not become unconditional, the lapse of the Offer Period). The company announced that with effect from the Despatch Date of the Composite Document i.e. with effect from 15 January 2021, Mr. Meng Yan and Mr. Wu Ying-Cheng have been appointed as executive Directors, and Ms. Su Yen-Hsueh, Mr. Tsai Chen-Lung and Mr. Luo Zhenbang have been appointed as independent non-executive Directors and members of each of the Board Committees. The Board further announces that with effect from the First Closing Date, it has appointed Ms. Su Yen-Hsueh as the chairman of the Remuneration Committee, Mr. Tsai Chen-Lung as the chairman of the Nomination Committee and Mr. Luo Zhenbang as the chairman of the Audit Committee. Mr. Wu Ying-Cheng, aged 52, obtained a master's degree in material science from the Department of Mechanical Engineering of the National Chung Hsing University in 1993. Mr. Wu has been working in the semiconductor assembly technology and camera module development industries since 1995. He has been a general manager of Lite-On's portable image device business unit since 2015 and a general manager of LIL since 2018. Mr. Meng Yan, aged 45, obtained a bachelor's degree in mechanical and electrical engineering from the University of Electronic Science and Technology of China in 1998. Mr. Meng has extensive experience in operation, investment and corporate management. He has previously worked in leading companies in the electronic industries, such as International Business Machines Corporation, Sony Ericsson Mobile Communications and Knowles Corporation. He joined the Luxshare-ICT Group as a vice president in 2016. Ms. Su Yen-Hsueh, aged 51, obtained a bachelor's degree in international business from the National Taiwan University in 1991 and a master's degree in industrial administration from the Carnegie Mellon University in 1993. Ms. Su has extensive experience in investments and mergers and acquisitions in the technology sector. She was a top ranked technology analyst for ABN AMRO Bank and UBS before joining AsusTeK Computer Inc. as a chief investment officer in 2004. Mr. Tsai Chen-Lung aged 48, obtained a bachelor's degree majoring in information system from the Western United States International University and a master's degree majoring in electronic computer engineering from the ArizonaState University. Mr. Luo Zhenbang aged 54, graduated from the School of Business of Lanzhou in 1991 majoring in enterprise management. He has been managing the audit works for many listed companies since 1994. He was an independent director of Long March Vehicle Technology Company Limited, Orient Tantalum Industry Company Limited, Wuzhong Instrument Company Limited Shengxue Company Limited.