NutryFarm International Limited announced resignation of Wu Yongqiang as executive chairman. Reason For Cessation On 28 June 2022, the Singapore High Court placed the Company under judicial management and appointed a Judicial Manager to oversee the affairs of the Company. As such, all powers and duties of the directors are thus suspended and such powers and duties are to be exercised and performed only by the Judicial Manager.

In view thereof, Mr. Wu Yongqiang resigned as the Executive Chairman of the Company.