The board of directors of GTI Holdings Limited announced that Mr. Cheung Kiu Cho Vincent has tendered his resignation as a non-executive director, member of each of audit committee, remuneration committee and nomination committee of the Company and such other positions as currently held by Mr. Cheung in the Company and its subsidiaries (the "Group") with effect from 21 April 2021 due to his desire to devote more time to his own business and career development. Upon cessation of Mr. Cheung being a member of audit committee of the Company, Mr. Ng Ka Lun, an independent non-executive director of the Company, has been appointed as a member of audit committee of the Company in his place with effect from 21 April 2021.