The board of directors of Grand Peace Group Holdings Limited announced that with effect from 21 September 2020, Mr. Tso Siu Lun Alan has resigned as an Independent Non-executive Director, the member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee of the Company with effect from 21 September 2020 in pursuit of his personal career development. The Board further announces that, Mr. Qian Yongxun has been appointed as an Independent Non-executive Director, a member and the chairman of the Nomination Committee and a member of each of the Remuneration Committee and the Audit Committee with effect from 21 September 2020.