The board of directors of Xiwang Property Holdings Company Limited announced that Mr. Wong Kai Hing (Mr. Wong) has been appointed as an independent non-executive director of the company, the chairman of the audit committee of the company (the audit committee) and the nomination committee, as well as a member of the remuneration committee with effect from 15 February 2022. Mr. Wong has over 20 years of work experience in finance and accounting in various Hong Kong listed companies and over 10 years working experience in company secretarial matters of Hong Kong listed companies. Mr. Wong is currently working as the company secretary of E-star Commercial Management Company Limited.