The board of directors of Hong Wei (Asia) Holdings Company Limited announced that Ms. Cheung Ngar Kwan has tendered her resignation as executive Director with effect from 26 August 2022 so as to allow her to devote more time for her personal commitments. The Board announced that Mr. Chu Hin Ming Alfonso has been appointed as executive Director with effect from 26 August 2022. Mr. Chu Hin Ming Alfonso, aged 64, received a Master of Business Administration degree from the University of East Asia and is a fellow member of both Royal Institute of Chartered Surveyors and the Chartered Institute of Building of United Kingdom.

Mr. Chu is a seasoned real estate professional who has been practising in the Asia Pacific Region for almost four decades. Apart from construction project management, facilities management, property development services to local corporations and multi-national corporations, Mr. Chu also participates in real estate capital markets operations which included pre-IPO advisory to major PRC property developers. Mr. Chu is actively engaged in providing financing, asset and wealth management services to corporations and high net worth clients including pre-IPO advisory, debt/bond issuance, personal wealth administration, insurance and estates planning, etc., in Greater China Region.

In 2019, Mr. Chu co-founded Bisan Fund Management Pty Ltd, a licenced asset management corporation which is principally engaged in capital markets operations in Sydney.