The board of directors of Chen Hsong Holdings Limited announced that Dr. Chen CHIANG has retired as chairman of the Board and executive director of the company with effect from 23 April 2018. Ms. Lai Yuen CHIANG has been appointed as the chairman with effect from 23 April 2018. Ms. Chiang has extensive experience in production management, sales and marketing. She was appointed an executive director of the company in 2000. She is also the chief executive officer of the company responsible for the management and business development of the Group. She holds directorships in various subsidiaries of the company and is a director of Chen Hsong Investments Limited and Chiangs' Industrial Holdings Limited. She is also a member of the remuneration committee of the company. Mr. Chi Kin CHIANG has been appointed as deputy chairman of the Board with effect from 23 April 2018. Mr. Chiang was appointed an executive director of the company in 2003. He also holds the position of President - Group Manufacturing responsible for the manufacturing function of the Group. Mr. Chiang holds directorships in certain subsidiaries of the company and is a director of Chen Hsong Investments Limited. Dr. Chiang has resigned as the authorized representative of the company for accepting service of process and notice in Hong Kong on its behalf under Part 16 of the Companies Ordinance with effect from 23 April 2018 and Mr. Chi Ngai CHAN, the company secretary of the company, has been appointed as the Process Agent in place of Dr. Chiang with effect from 23 April 2018.