The Board of Directors of Hong Kong Economic Times Holdings Limited announced that Mr. Chow On Kiu has tendered his resignation as an independent non-executive director, the chairman and a member of nomination committee of the Company with effect from 1 January 2022 for the reason that he wishes to devote more time to his other personal engagements. The Board is also pleased to announce that Mr. Sin Hendrick ("Mr. Sin") has been appointed as an independent non-executive director, the chairman and a member of Nomination Committee of the Company with effect from 1 January 2022. Mr. Sin Hendrick, MH, aged 47, is a co-founder, executive director and the vice chairman of CMGE Technology Group Limited and has been a director and vice chairman of CMGE Group Limited since January 2011.