The board of director of Greater Bay Area Dynamic Growth Holding Limited announced that Mr. Yeung Kelvin tendered his resignation from the positions of Co-chairman of the Board and an executive Director with effect from 7 December 2023 as he wishes to Devote more time to his other business arrangements. Since the resignation of the positions of the chief executive and managing director of the company, the positions of the chief executive and managing director have been vacated. In order to ensure smooth operation, the executive Directors are responsible for implementing the company's strategy, managing and monitoring the performance of the management and overseeing the daily operations of the Company.

As Mr. Tam Chung Sun is appointed as both of the Chairman and the executive Director. The Board believes that vesting the roles of both the Chairman and the executive Director in the same person can facilitate the execution of the Group's business strategies and boost effectiveness of its operation.