The board of directors of Finsoft Financial Investment Holdings Limited announced that with effect from 21 August 2020, Mr. Zhong Shi has resigned as an independent non-executive Director due to his other commitments which require more of his time. Mr. Zhong ceased to be a member of each of the audit committee, the remuneration committee and the nomination committee of the Board upon his resignation. Following the resignation of Mr. Zhong, Ms. Lo Wing Sze JP has been appointed as an independent non-executive Director and a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee with effect from 21 August 2020. Ms. Lo is a certified public accountant of the Hong Kong Institute of Certified Public Accountants and a certified practicing accountant of CPA Australia. She was appointed as a Justice of the Peace by the Government of the Hong Kong Special Administrative Region in June 2017 and has been an Honorary Court Member of Lingnan University since June 2020. In accordance with the appointment agreement made between Ms. Lo and the Company, Ms. Lo has been appointed for a term commencing from 21 August 2020 to 31 December 2021 unless terminated by no less than one month's notice in writing served by either party on the other and is subject to retirement by rotation and re-election and other related provisions as stipulated in the articles of association of the Company. The Board also announced that Ms. Wong Kei Lam has tendered her resignation as (i) the company secretary of the Company; (ii) the financial controller of the Company ("Financial Controller"); (iii) one of the authorised representatives of the Company; and (iv) the authorised representative of the Company with effect from 21 August 2020. Ms. Wong has confirmed that she has no disagreement with the Board and there is no matter in relation to her resignation from the abovementioned positions that needs to be brought to the attention of the Stock Exchange and the Shareholders. The Board announced that Ms. So Wai Yee Betty, an executive Director, has been appointed as the Company Secretary, the chief financial officer of the Company, an Authorised Representative and the Process Agent with effect from 21 August 2020. Ms. So has been appointed as an executive Director since 7 August 2020.