The board of directors of Great World Company Holdings Ltd. announced that Mr. Zhao Xinyan has been appointed as an executive director of the Company with effect from 16 October 2020 Mr. Zhao, aged 46, has more than 20 years of work experience in the public transportation and tourism industries, including more than 10 years of advertising and marketing experience. The Board also announced that with effect from 16 October 2020, Mr. Zhao Xinyan has been appointed as a member of the remuneration committee of the Board and Ms. Ng Mui King, Joky, an existing non-executive Director, the chairman of the Board and one of the authorised representatives of the Company, has ceased to be a member of the Remuneration Committee.