The board of directors of Hephaestus Holdings Limited announced that Mr. Zheng Yuqiang (‘Mr. Zheng') has resigned as an independent non-executive Director due to his other business engagement with effect from 3 March 2023. Mr. Zheng also ceased to be the chairman of remuneration committee (the ‘Remuneration Committee') of the Company and the member of each of the audit committee of the Company (the ‘Audit Committee') and the nomination committee (the ‘Nomination Committee') of the Company. The Board also announced that with effect from 3 March 2023, Ms. Tong Yuk Ying Yannie (‘Ms. Tong') has been appointed as the independent non-executive Director, the chairman of the Remuneration Committee and a member of each of the Audit Committee and the Nomination Committee.

Ms. Tong, aged 32, Hong Kong Solicitor and Australian lawyer, obtained the degree of Bachelor of Laws from Monash University in 2012. She completed the Graduate Diploma in Legal Practice and Practical Training from Leo Cussen Center For Laws in Australia in 2013 and was subsequently admitted as Australian Lawyer. Ms. Tong completed the Postgraduate Certificate in Laws in 2017 and was admitted as Solicitor in Hong Kong in 2020.

Ms. Tong has over 9 years of working experience in the legal field. Ms. Tong handles civil and criminal disputes and litigation and matters involving different fields of law. Her expertise includes commercial law, contract law, employment law, matrimonial law, property law and trust law.

Ms. Tong also possessed vast experience on providing professional advisory services to clients regarding family wealth and other corporate and commercial transactions, including but not limited to, initial public offering and providing professional advice to listed companies on compliance and secretarial matters.