The board of directors of CL Group (Holdings) Limited announced that Mr. Wong Chin Ming has tendered his resignation as the financial controller and company secretary of the Company and its subsidiaries and an authorized representative ("Authorized Representative") of the Company with effect from 29 January 2021 due to personal reason to further his career development. Mr. Wong confirmed that he has no disagreement with the Board and there are no circumstances related to his resignation which need to be brought to the attention of the Stock Exchange of Hong Kong Limited and the shareholders of the Company. Following the resignation of Mr. Wong, the Board announced that Mr. Yu Lap Pan has been appointed as the Financial Controller and Company Secretary of the Group and an Authorized Representative of the Company with effect from 29 January 2021. Mr. Yu, aged 39, graduated from Oxford Brookes University with a bachelor's degree with honours in applied accounting and obtained a master's degree in corporate governance from the Hong Kong Polytechnic University in 2020. He is a fellow member of the Association of Chartered Certified Accountants, a member of the Hong Kong Institute of Certified Public Accountants and an associate of both The Hong Kong Institute of Chartered Secretaries and The Chartered Governance Institute (formerly known as The Institute of Chartered Secretaries and Administrators) in the United Kingdom. Mr. Yu has extensive experience in the related fields of finance, auditing, accounting and corporate governance practices.