The board of directors of China Fortune Holdings Limited announced that Mr. Bao Kang Rong has been appointed as a non-executive Director and Dr. Lo Wai Shun has been appointed as an independent non-executive Director with effect from 4 June 2018. Dr. Lo is also appointed as a committee member of each of the audit committee, nomination committee and remuneration committee of the Company with effect from the same date. He is currently one of the partners of Eagle Funds which was incorporated in the People's Republic of China in 2012 focusing on investments in Mobile Internet, Internet of Things and Internet+ industry. Lo Wai Shun is also Adjunct Professor of The Chinese University of Hong Kong and Visiting Professor of Peking University (School of Innovation and Entrepreneurship). Dr. Lo is currently a general partner of DL Capitals, an angel investment fund focusing on disruptive and exponential technologies and has over 20 years of experience in Intellectual Property Commercialization, Business Models Innovation and Technology Transfer.