On 14 August 2026, TWINTEK announced the resignation of Mr. Liu Chuang from his positions as Executive Director, Chairman of the Board and Chief Executive Officer, citing personal business commitments. Mr. Liu confirmed he holds no disagreements with the Board and there are no matters requiring shareholder attention. Existing executive directors will oversee daily operations while the company searches for a successor.
Concurrently, Mr. Liu departs as chairman of the Nomination Committee and as a member of the Remuneration Committee. Independent non-executive director Mr. Eric Todd has been re-designated as chairman of the Nomination Committee, and the Remuneration Committee position previously held by Mr. Liu will remain vacant until further notice.
Under Listing Rule 3.05 and Hong Kong Companies Ordinance requirements, Mr. Liu also ceases to be an Authorised Representative. Non-executive director Mr. Lui Chun Pong has been appointed to assume these representative duties effective the same date.
Board composition following the changes: • Executive Directors: Mr. Choi Chi Fai, Ms. Fung Pik Mei • Non-Executive Director: Mr. Lui Chun Pong • Independent Non-Executive Directors: Mr. Eric Todd, Mr. Lam Cheung Shing, Richard, and Ms. Yeung Ka Wai
The Board expressed appreciation for Mr. Liu’s contributions during his tenure.