Guan Chao Holdings Limited (Stock Code: 1872) has announced key board changes effective 21 October 2025. According to the official statement, an executive director, Ms. Ng Hui Bin Audrey, has resigned to devote more time to other commitments. The board confirms that Ms. Ng has no disagreement with the company and expressed appreciation for her contributions.

On the same effective date, Ms. Dong Wenying has been appointed as a non-executive director. She has extensive experience in private equity and venture capital, previously serving in senior roles at Shanghai Zhonghuijin Investment Group Co., Ltd. and Nanjing Zhongrun Private Equity Fund Management Co., Ltd. Ms. Dong has entered into a three-year appointment, with an annual director’s fee of HK$120,000.

Additionally, Ms. Ng will step down from the nomination committee, and Ms. Dong will join the committee in her place. The company states that Ms. Dong understands her obligations and has obtained legal advice regarding her appointment. The board welcomes Ms. Dong to her new role.