Diwang Industrial Holdings Limited announced the resignation of Mr. Ho Ho Tung Armen ("Mr. Ho") as Independent non-executive Director, the chairman of the audit committee of the Company (the "Audit Committee") and member of the nomination committee of the Company (the "Nomination Committee") with effect from 1 October 2023. Immediately after the resignation of Mr. Ho, the Board announced that Mr. Lee Cheung Yuet Horace, an Independent non-executive Director, the chairman of the Nomination Committee and the remuneration committee of the Company and a member of the Audit Committee, will be re-designated to serve as the chairman of the Audit Committee. Mr. Au Hei Ching, an Independent non-executive Director and a member of the Audit Committee, will be appointed as a member of the Nomination Committee with effect from 1 October 2023.