Huabang Technology Holdings Limited announced that Mr. George Lu has resigned as an executive director, chairman, with effect from 6 May 2022 to devote more time to his other business commitments. The Board also announces that with effect from 6 May 2022, Mr. Lu has ceased to be a member in each of the remuneration committee, the nomination committee and the corporate governance committee of the Company; Mr. Liu Qiaosong, an executive director and vice chairman of the Board, has been appointed as a member in each of the remuneration committee, the nomination committee and the corporate governance committee and the chairman of the corporate governance committee of the Company; and Mr. Qu Hongqing, an executive director of the Company has been appointed as a member of the corporate governance committee of the Company and Mr. Wong Kwok Ming has ceased to be the chairman and a member of the corporate governance committee of the Company.