The board of directors of Golden Ponder Holdings Limited announced that, Mr. Szeto Cheong Mark has resigned from his position as the independent non-executive director with effect from 14 January 2022. Due to personal commitment, Mr. Szeto has resigned from his position as independent non-executive director of the Company. The Board announced that Mr. Zhang Jue has been appointed as an independent non-executive director with effect from 14 January 2022.

Mr. Zhang has over 13 years of experience in various areas, including investment, financial management, market research and auditing. Mr. Zhang worked as a senior manager from December 2012 to December 2013 and as the financial controller from December 2013 to June 2014 in China New Town Development Company Limited. From December 2012 to June 2017, he served as a vice president in Beijing Black Eagle Fu Cheng Investment Management Co.

Ltd. Mr. Zhang is currently serving as an independent non-executive director of Ruixin International Holdings Limited since February 2016. Following the resignation of Mr. Szeto as an independent non-executive director, he also ceased to be chairman of the audit committee of the Company and member of the remuneration committee of the Company with effect from 14 January 2022. Mr. Zhang has been appointed as the chairman of the Audit Committee and member of the Remuneration Committee with effect from 14 January 2022.