HWORLD-S (01179) announced that (i) Ms. Zhao Tongtong will resign from her position as independent director of the board and subsequently serve as a board observer; and (ii) Mr. Shang Jian will resign from his positions as independent director of the board, chairman of the company's audit committee, and member of the company's remuneration committee (both effective from the date of this announcement). Effective from the date of this announcement, (i) Mr. Justin Martin LEVERENZ has been appointed as a director of the board; and (ii) Ms. Zhang Yi has been appointed as an independent director of the board and designated as chairman of the audit committee. Furthermore, in accordance with the Hong Kong Listing Rules, Ms. Zhang serves as an independent non-executive director of the company. Also effective from the same date, Ms. Cao Lei has been appointed as a member of the remuneration committee.