Ka Shui International Holdings Limited board of directors announced that Mr. Chu Weiman has been appointed as the chief executive officer and the chairman of Risk Management Committee of the Company, which will take effect from 1 February 2021. Mr. Lee Yuen Fat will step down as the CEO and the chairman of Risk Management Committee of the Company effective from the date on which Mr. Chu's appointment becomes effective, but he will remain as an executive Director and the chairman of the Board. He is a licensed professional engineer of California, USA. Prior to joining the Group, Mr. Chu was an executive director and the chief executive officer of trading division of Leeport (Holdings) Limited, from February 2015 to December 2020 and from September 2016 to December 2020 respectively. Mr. Chu has held various senior positions in multi-national companies with operations in Hong Kong and China and worked as the branch director for Innovation Process and Automation Branch and branch director for Manufacturing Productivity Branch of Hong Kong Productivity Council during the years between 2000 and 2007. He is currently a general committee member of The Chinese Manufactures' Association of Hong Kong.