Century Ginwa Retail Holdings Limited (Century Ginwa, 00162) has named Ms. Lyu Haiying and Ms. Feng Ju as independent non-executive directors (INEDs), effective 26 August 2026. The moves complete the company’s three-member INED quota and realign key board committees in line with Hong Kong Listing Rules.

Ms. Lyu Haiying, 47, brings more than 24 years’ experience in corporate operations and financial management. Currently deputy general manager of Tengxu Energy Construction Group, she holds qualifications as an Intermediate Engineer, Level 2 HR Management Professional and an Intermediate Accountant in Mainland China. On joining Century Ginwa, Ms. Lyu will serve as a member of the Nomination Committee and chair the Remuneration Committee.

Ms. Feng Ju, 50, holds a Doctor of Laws degree, a Class A Legal Professional Qualification and an Independent Director Qualification Certificate from the Shenzhen Stock Exchange. Her two-decade career spans judicial adjudication, risk control, capital investment and legal services. She will join Century Ginwa’s Audit Committee as a member.

Both INEDs have signed three-year letters of appointment starting 26 August 2026. Ms. Lyu will receive an annual director’s fee of RMB0.10 million, while Ms. Feng will receive HK$0.12 million. Each appointee is subject to re-election at the next annual general meeting and, thereafter, retirement by rotation in accordance with the company’s bye-laws.

Concurrent with the appointments, Century Ginwa has reconstituted its board committees: • Nomination Committee: Ma Wenzhong (Chair), Lyu Haiying, Tsang Kwok Wai • Remuneration Committee: Lyu Haiying (Chair), Zhang Wei, Tsang Kwok Wai • Audit Committee: Tsang Kwok Wai (Chair), Huang Zhihua, Feng Ju

These changes enable Century Ginwa to re-comply with HKEX Listing Rules 3.10(1), 3.10A, 3.21, 3.25 and 3.27A, and with Paragraph B.3.5 of the Corporate Governance Code, ensuring adequate independent representation, committee balance and gender diversity.

Following the restructuring, the board now comprises four executive directors (Ma Wenzhong, Choon Hoi Kit Edwin, Wan Qing, Zhang Wei), one non-executive director (Huang Zhihua) and three INEDs (Tsang Kwok Wai, Lyu Haiying, Feng Ju).