Hao Bai International (Cayman) Limited announced the resignation of Mr. Tsang Yung Fat ("Mr. Tsang") as an independent non-executive Director, ceasing to be the chairman of the audit committee (the "Audit Committee") of the Company and a member of each of the remuneration committee (the "Remuneration Committee") and nomination committee of the Company. The board also announce the appointment of Mr. Ng Kam Tsun ("Mr. Ng") as an independent non-executive Director and will serve as the chairman of the Audit Committee, chairman of the Remuneration Committee and a member of the Nomination Committee of the Company with effect from 30 September 2021. Mr. Ng Kam Tsun, aged 48, has been serving Fulum Group Holdings Limited as the chief financial officer, company secretary and authorised representative since September 2015, responsible for corporate finance management, corporate governance, investor relations management and company secretarial function.