The board of directors of China Fortune Investments (Holding) Limited announced that Mr. Fung Nam Shan has been appointed as independent non-executive Director with effect from 20 August 2021. Currently, Mr. Fung is also an independent non-executive director of Energy International Investments Holdings Limited and JH Educational Technology INC. He is the company secretary and authorized representative of MH Development Limited. He is the company secretary of Thelloy Development Group Limited. The Board also announced that with effect from 20 August 2021, Mr. Fung has been appointed as the chairman of audit committee and remuneration committee of the Board and as a member of nomination committee of the Board.