CNC Holdings Limited that Wong Chung Yip, Kenneth has been appointed as an independent non-executive Director, the chairman and a member of the Audit Committee, a member of the Nomination Committee and a member of remuneration Committee effective from December 16, 2013. Wong has extensive experience in auditing, accounting and corporate finance. Wong is currently working in a financial service institution licensed by the Securities and Futures Commission as vice president of corporate finance division.

The company also announced that Yang Xiao Qian has tendered her resignation as chief financial officer with effect from December 16, 2013 due to the personal health reason.