The board of directors of Inno-Tech Holdings Limited announced that Ms. Ma Muyuan, has been appointed as the executive director, member of nomination committee and remuneration committee of the Board with effect from 7 January 2019. Ms. Ma, aged 25, graduated from the Hong Kong Baptist University with a Master degree of Social Sciences in Media Management in 2016 and the Changchun Normal University with Marketing degree in 2014. She worked in its subsidiary company as project manager since June 2017. The board of directors also announced that Mr. Tsang Chun Kit has been appointed as Independent Non-Executive director and chairman of the audit committee of the Board and a member of each of the nomination committee and remuneration committee of the Board with effect from 7 January 2019. Mr. Tsang graduated from the Hong Kong University of Science and Technology with Degree of Science in Applied Physics (Hons) in 2009 and acquired the qualified member of Hong Kong Institute of Certified Public Accountants in 2015. He worked in various CPA firms since 2011. Currently, he is senior manager of Global Vision CPA Limited. The board of directors also announced that Mr. Lau King Hang has resigned as an executive Director, member of remuneration committee and nomination committee of the Board with effect from 7 January 2019 as he would like to devote more time on his other business commitment.