The Board of Directors of GTI Holdings Limited announced that Ms. Tsai Wan-yu (Ms. Tsai) has been appointed as an executive director of the Company with effect from 7 February 2020; Tsai is currently a director of Hammer Capital Asset Management Limited. Mr. Wong Ka Wai (Mr. Wong Ka Wai) has been appointed as an executive director of the Company with effect from 7 February 2020; Wong Ka Wai works in Hammer Capital Asset Management Limited and leads its investment management. Mr. Leung Wai Kei (Mr. Leung) has been appointed as an independent non-executive director of the Company with effect from 7 February 2020; Mr. Leung is the founder and chief executive officer of China Securities Limited which provides securities brokerage services and Mr. Wong Yiu Kui (Mr. Wong Yiu Kui) has been appointed as an independent non-executive director of the Company with effect from 7 February 2020. Currently, Wong Yiu Kui works in China Securities Limited and is responsible for monitoring credit risks, trading/dealing activities, new business initiatives of discretionary portfolio management and advisory services.