The board of directors of Zhuoxin International Holdings Limited announced that Mr. Miu Hon Kit ("Mr. Miu") had tendered his resignation as an independent non-executive Director of the Company with effect from 2 October 2018. Mr. Miu has decided to focus and pursue his other business interests and is not able to carry on with his present position in the Company. Following his resignation as an independent non-executive Director, Mr. Miu ceased to be the chairman of the audit committee ("Audit Committee") and a member of the nomination committee ("Nomination Committee") and remuneration committee ("Remuneration Committee") of the Board with effect from 2 October 2018. In the meantime, the Board announced that on 2 October 2018, Mr. Cheung Kwan Hung has been appointed as an independent non-executive Director of the Company by the Board. Taking up the roles of Mr. Miu in the various committees of the Board, Mr. Cheung has also been appointed as the chairman of the Audit Committee and a member of the Nomination Committee and the Remuneration Committee with effect from 2 October 2018. Mr. Cheung has over 30 years of experience in accounting, finance and investment banking profession specialising in equity/debt fund raising, mergers and acquisition and corporate restructuring before working with publicly listed companies undertaking corporate management, planning and strategies development functions. Mr. Cheung is an independent non-executive director of NewOcean Energy Holdings Limited, Tou Rong Chang Fu Group Limited and Great Harvest Maeta Group Holdings Limited.