The board of directors of Farnova Group Holdings Limited announced that with effect from 18 November 2021, Mr. Wen Jingzhou resigned as independent non-executive director as he would like to devote more time to his other business engagements and announced that Mr. Chan Wa Wing has been appointed as the Investment and Finance Director of the Company with effect from 18 November 2021. Mr. Chan has many years of professional investment and financing experience and huge client resources. Mr. Chan has extensive business experience and team management experience. He is familiar with the operation rules and investment products of Hong Kong capital markets and other major international financial markets and has extensive practical experience in derivative instruments.