Gemini Investments (Holdings) Limited announced that with effect from 15 June 2020 Mr. LI Hongbo has resigned as a non-executive Director in order to devote more time to his other commitments within Sino-Ocean Group; Ms. LAM Yee Lan, an existing senior management member of the Group, has been appointed as an executive Director and Mr. WANG Xiao has been appointed as a non-executive Director and member of the remuneration committee of the Board. Mr. WANG Xiao was the Investment Director of Zeal Asset Management Limited during May 2010 to May 2019, responsible for its fund investments in the region of Greater China.