The board of directors of Reach New Holdings Limited announced that Ms. Wu, Rachel resigned as an executive Director of the Company with immediate effect. The resignation of Ms. Wu was due to her other personal and business commitments. The Board announced that, with effect from 25 February 2022, Ms. Ma, Huilin was appointed as an executive Director of the Company.

She is currently a general manager in Shenzhen Xinda Business Consulting Co. Ltd. The Board announced that, with effect from 25 February 2022, Mr. Zhu Honghai was appointed as an independent non-executive Director of the Company.