On 28 October 2025, C Cheng Holdings Limited (the “Company,” Stock Code:1486) announced that its non-executive director, Mr. Wong Hin Wing, resigned effective the same date. The departure was attributed to his intention to devote more time to personal or other business pursuits. According to the announcement, Mr. Wong confirmed no disagreement with the Board and that there were no matters requiring further attention.

The Company also appointed Mr. Wan Sze Chung as an independent non-executive director, effective on 28 October 2025. Mr. Wan is a certified public accountant with multiple professional qualifications and directorship experience across other listed companies. His engagement includes a three-year term, an annual director’s fee of HK$168,000, and standard retirement by rotation and re-election provisions.

Following these changes, Mr. Wan became chairman of the Audit Committee and a member of both the Nomination Committee and the Remuneration Committee. By 28 October 2025, the Company resumed compliance with relevant Listing Rules, reflecting the required board composition and committee structures. The Board extended its appreciation to Mr. Wong for his service and welcomed Mr. Wan to his new role.