C&N Holdings Limited announced that with effect from 2 April 2024, Ms. Wong Ching Wan has resigned as an independent non-executive Director, the Chairwoman of the nomination committee of the Board, a member of each of the remuneration committee of the Board and the audit committee of the Board as she would like to devote more time to focus on other personal and business commitments. Following the resignation of Ms. Wong as an independent non-executive Director, the Company only has two independent non-executive director and two members of the Audit Committee which falls below the minimum as required under Rules 5.05(1) and 5.28 of the GEM Listing Rules. Furthermore, the Nomination Committee is currently not chaired by an independent non-executive director pursuant to Rule 5.36A of the GEM Listing Rules.