The board of directors of Tokyo Chuo Auction Holdings Limited announced that Mr. Yau Chung Hang has resigned as the executive Director, chief financial officer and company secretary of the company with effect from 13 September 2019 and he has also ceased to act as an authorised representative of the company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited due to the pursuing of other career opportunities. The Board announced that Mr. Chak Chi Shing has been appointed as the chief financial officer, company secretary and authorised representative of the company under Rule 3.05 of the Listing Rules with effect from 13 September 2019. Mr. Chak is responsible for the corporate finance, investor relations, financial management and company secretarial matters of the company.

Mr. Chak obtained a bachelor's degree of commerce in Accounting and Finance from Curtin University of Technology in March 2006. He is a certified public accountant of Hong Kong Institute of Certified Public Accountants and Certified Public Accountant Australia. Mr. Chak has over 13 years of experience in auditing, accounting, corporate finance and financial management and over three years of experience in company secretarial matter and corporate governance in listed companies.

Mr. Chak has been the independent non-executive director of SDM Group Holdings Limited.