Momentum Financial Holdings Limited announced that Zhang Hua retired from office as an independent non-executive Director, the chairman of the Nomination Committee, a member of the Remuneration Committee and the Audit Committee at the conclusion of the AGM. Following the retirement of Zhang Hua, the Board further announces that Li Guang Jian was appointed as an independent non-executive Director, the chairman of the Nomination Committee, a member of the Remuneration Committee and the Audit Committee. with the effect from June 29, 2020.