The Board of Denox Environmental & Technology Holdings Limited announced that Mr. Lam Yiu Por (Mr. Lam) has tendered his resignation as an independent non-executive Director (the INED) with effect from 30 June 2020 in order to devote more time on his other business commitments. Following the resignation of Mr. Lam as an INED, Mr. Lam will also cease to be the chairman of the audit committee of the company with effect from 30 June 2020. The Board further announces that Ms. Chan Yeuk Wa (Ms. Chan) has been appointed as an INED and the chairman of the Audit Committee with effect from 30 June 2020. From 2012 to 2019, Ms. Chan was a director and the chief executive officer at Partners Financial Holdings Limited, where she was responsible for various mergers & acquisitions transactions and establishment of private equity funds. After the above-mentioned retirement and appointment of INEDs, the Audit Committee is now composed of three INEDs, namely, Ms. Chan as the chairman, Mr. Li Min and Mr. Ong Chor Wei.