The board of directors of Amuse Group Holding Limited announced that, with effect from 1 February 2021, Mr. Tung Man ("Mr. Tung") has tendered his resignation as an independent non-executive director of the Company due to his other business engagement. He ceased to be the chairman of the Nomination Committee and a member of the Audit Committee and Remuneration Committee of the Company. The Board announced that, with effect from 1 February 2021, Mr. Yu Ziyi has been appointed as non-executive director and Ms. Ren Hongyan has been appointment as independent non-executive director. Following the appointment of Ms. Ren as independent non-executive director of the Company, she will become the chairman of the Nomination Committee and a member of the Audit Committee and Remuneration Committee of the Company. From July 2019 to July 2020, Mr. Yu Ziyi was employed as valuation associate in PSA (HK) Surveyors Limited. From January 2018 to October 2018, Mr. Yu was employed as private equity analyst in Fairway America LLC. Ms. Ren Hongyan has over 10 years of experience in real estate investment and development, real estate finance, and has a comprehensive understanding of the real estate market to seek valuable business projects for companies. She has participated in many domestic factoring cases and provided small and medium-sized enterprises with professional financial services integrated tailor-made accounts receivable financing, credit guarantees, and supply chain financial management. The Board further announces that with effect from 1 February 2021, the composition of the Board committees has been changed as follows: Audit Committee: Ms. Chow Chi Ling Janice (Committee Chairman), Mr. Yu Pui Hang and Ms. Ren Hongyan; Nomination Committee: Ms. Ren Hongyan (Committee Chairman), Mr. Yu Pui Hang and Ms. Chow Chi Ling Janice; and Remuneration Committee: Mr. Yu Pui Hang (Committee Chairman), Ms. Chow Chi Ling Janice and Ms. Ren Hongyan.