New Focus Auto Tech Holdings Limited announced that the board has, on the recommendation of the Nomination Committee, approved the appointment of Mr. LI Ngai as a non-executive director with effect from 21 August 2017. Mr. Li, aged 53, has over 20 years of experience in finance, and investment. He has been the LR1 Managing Director and Head of Direct Investments of CCB International Asset Management Limited since 2007. Mr. Li was formerly the Chief Financial Officer of a Hong Kong listed company. He also worked as an investment banker at Schroders Asia Limited and Standard Chartered Asia Limited and served as the Financial Controller at Hutchison Whampoa Property Group, a Senior Investment Manager at Hongkong Land Limited (a member of the Jardine Group), and the Senior Investment Manager at China Travel International Investment H.K. Ltd.