The board of directors of Farnova Group Holdings Limited has been appointed Deng Li as executive Director, Mr. Mei Kaji has been appointed as non-executive Director, and Mr. Kuang Quanzhuang has been appointed as non-executive Director and a member of the audit committee, the remuneration committee and the nomination committee, with effect from 11 January 2021. The biographies of the newly appointed Directors are as follows: Mr. Deng, aged 62, is currently honourary president of the New Zealand China Friendship Society, honourary president of the New Zealand Deng Li Fund, chairman of the board of Rainbow China Culture and Media Group of New Zealand, and was a recipient of the New Zealand Order of Merit. Mr. Mei, aged 32, founded Guangzhou Ketuo New Energy Vehicles Technology Limited in March 2016 and has since served as its chairman of the board. Mr. Kuang, aged 38, was head of design of Shenzhen Comtech Electronics Co. Ltd. where he engaged in product development and mould design and was responsible for managing factory workshop production and development project execution and has many years of experience in production and design of moulds. Mr. Hu Chao ceased to be the company's compliance officer with effect from 14 December 2020. For the purposes of Rule 5.19 of the GEM Listing Rules, Mr. Guo Gelin, the company's chairman and executive Director, has been appointed to replace Mr. Hu as the company's compliance officer.