00176.HK announced that Ms. Hu Jingying, the independent non-executive director of the company, will retire from the post of independent non-executive director after the end of the annual general meeting in 2022. At the same time, Ms Wu no longer serves as the respective chairmen of the Audit and risk Committee and the Remuneration Committee and as a member of the nomination and Corporate Governance Committee.

The ordinary resolution on the election of Mr. Xie Tingjun as an independent non-executive director was approved by the shareholders at the 2022 annual general meeting. Mr. Xie's term of office is from the end of the annual general meeting in 2022 to the end of the annual general meeting to be held in 2025. Following the approval of the appointment of Mr. Xie as an independent non-executive Director, Mr. Xie was appointed as the Chairman of the Audit Committee and a member of the Remuneration Committee and the nomination Committee respectively. At the same time, Mr. Leung Man-man, an independent non-executive director, was appointed as the Chairman of the Remuneration Committee with immediate effect from the moment Ms Wu ceased to be the Chairman of the Remuneration Committee.