The board of directors of Aurum Pacific (China) Group Limited announced that Mr. Chan Kwun Chung (‘Mr. Chan') has tendered his resignation as an executive Director, the chief executive officer (‘CEO') and a member of each of the remuneration committee and nomination committee of the Company all with effect from 1 April 2020 (the ‘Resignation'). Upon his resignation, Mr. Chan will cease to act as (i) an authorised representative of the Company (‘Authorised Representative') for the purpose of Rule 5.24 of the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited (‘GEM Listing Rules'); and (ii) the compliance officer of the Company (‘Compliance Officer') under Rule 5.19 of the GEM Listing Rules. Mr. Chan had been appointed as an executive Director of the Company since March 2017.

As he would like to devote more time to his other business and family commitments, Mr. Chan decided to step down from his executive role in the Company. The Board announced the appointment of Mr. Chow Yik (‘Mr. Chow'), as an executive Director of the Company with effect from 1 April 2020. Mr. Chow is the chairman and an executive director of Kirin Group Holdings Limited since 2015, and was an executive director of Hao Wen Holdings Limited from January 2011 to May 2016.

The Board announced the appointment of Mr. Chung Man Lai (‘Mr. Chung') as an independent non-executive Director of the Company with effect from 1 April 2020. Mr. Chung has over 20 years of experience in auditing and accounting. Prior to joining the Board, he successively worked in a reputable international accounting firm and served as the chief financial officer of CMIC Ocean En-Tech Holding Co.

Ltd. and IDT International Limited respectively. He is also currently a non-executive director of Greatwalle Inc., and an independent non-executive director of Century Group International Holdings Limited and Roma Group Limited, respectively. The Board also announced that following Mr. Chan's resignation, Mr. Ng Kin Man, (‘Mr. Ng') an executive Director, has been appointed as a member of each of the remuneration committee and nomination committee of the Company in place of Mr. Chan with effect from 1 April 2020.

The Board further announced that following Mr. Chan's resignation, the Authorised Representative and the Compliance Officer of the Company have been changed from Mr. Chan to Mr. Ng with effect from 1 April 2020.