The board of directors of Farnova Group Holdings Limited announced that with effect from 31 May 2021, Mr. Lee Chi Hwa Joshua ("Mr. Lee") resigned as independent non-executive director as he would like to devote more time to his other business engagements. The board further announced that, following the resignation of Mr. Lee, Mr. Li Jianxing has been appointed as the chairman of the audit committee of the Company with effect from 31 May 2021.