Yip's Chemical Holdings Limited announced that Mr. Ku Yuen Fun has a retirement plan and will resign as an independent non-executive director of the Company, the chairman of the health, safety and environment committee, a member of the audit committee and a member of the remuneration committee of the Company with effect from 1 July 2020. Mr. Wong Yuk is currently a non-executive director of the Company, and a member of each of the audit committee, the remuneration committee and the health, safety and environment committee of the Company. He will be appointed as the chairman of the health, safety and environment committee of the Company with effect from 1 July 2020. Mr. Ku Yee Dao, Lawrence will be appointed as an independent non-executive director of the Company and a member of the audit committee of the Company with effect from 1 July 2020.