01850.HK announced that Mr. Sun Banggui will resign as the company's executive director, and Mr. Bao Jiada will resign as the company's independent non-executive director, chairman of the nomination committee and members of the audit committee and remuneration committee respectively. And Mr. Sin Gonghua will be appointed as the independent non-executive director of the company, the chairman of the nomination committee and the members of the Remuneration Committee and the Audit Committee respectively with effect from 10 May 2022.