Xinming China Holdings Limited announced that Mr. Choi Clifford Wai Hong has been appointed as a non-executive Director; and Mr. Chu Kin Wang Peleus has been appointed as an independent non-executive Director. Mr. Choi, aged 63, has extensive experience in finance, accounting and management. Prior joining the Group, he worked at NHK Distribution Company Limited from July 1999 to December 2003. He was the general manager of Porsche Centre Hangzhou in 2012. He acted as a director in the Yacht Services division of NHK Distribution Company Limited from December 2012 to August 2017 and re-joined NHK Distribution Company Limited since February 2018, and currently serves as its director. Mr. Choi has been appointed as an executive director and an authorized representative of Freeman Fintech Corporation Limited with effect from November 2020. Mr. Chu, aged 56, has over 20 years of experience in corporate finance, auditing, accounting and taxation. Prior joining the Group, he is an independent non-executive director of China First Capital Group Limited.