The board of Top Standard Corporation announced the following changes with effect from 24 January 2020: Ms. Chian Yat Ping has resigned as an independent non-executive director of the company; The board announced that Mr. Wong Ching Wan has been appointed as (i) an independent non-executive Director of the Company; (ii) the chairman of the Audit and Risk Management Committee; (iii) a member of the Remuneration Committee; and (iv) a member of the Nomination Committee with effect from 24 January 2020. Mr. Wong, has almost thirty years of experience in audit, internal control, financial control and capital markets. He has held various positions in different companies in China, U.S. and Hong Kong including senior position in multinational companies. He joined China Finance Investment Holdings Limited since November 2018 as the compliance officer. Mr. Wong also holds the position of non-independent CEO of One Belt One Network (HK) Limited and Universe Asia Develop Limited.