Sino Prosper appoints Niu Zhihui as independent non-executive Director

He will also be the chairman of each of Audit Committee.

According to an HKEx release, the Board announces that Dr. Leung Wai Cheung (“Dr. Leung”) has resigned as an independent non-executive Director of the Company and the Chairman of each of the audit committee (“Audit Committee”) and the remuneration committee (“Remuneration Committee”) of the Company with effect from 6 November 202 so that he will be able to spend more time pursuing his business development.

Dr. Leung has confirmed that he has no disagreement with the members of the Board and that there are no other matters relating to his resignation that need to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited (“Stock Exchange”).
The Board would like to take this opportunity to thank Dr. Leung for his valuable contribution to the Company during his tenure.

The Board is pleased to further announce the appointment of Mr. Niu Zhihui (“Mr. Niu”) as an independent non-executive Director of the Company and the Chairman of each of the Audit Committee and the Remuneration Committee of the Company with effect from 6 November 202.

Mr. Niu, aged 40, graduated from Dongbei University of Finance and Economics in Liaoning Province with a Bachelor Degree in Finance. He is a registered accountant in the People’s Republic of China (“PRC”).

Mr. Niu has worked in a state-owned bank in the PRC and several accounting firms. He has a profound understanding on the laws of the PRC in relation to accounting and taxation and financial policy and accumulated extensive working experience in finance and accounting.

On  November 202, Mr. Niu was appointed as an independent non-executive director, the chairman of each of the audit committee and the remuneration committee and a member of the nomination committee of China Netcom Technology Holdings Limited (“China Netcom”, formerly known as China Metal Resources Holdings Limited, a company listed on the Growth Enterprise Market of the Stock Exchange).

Save as disclosed herein, he did not hold directorship in any other listed public company in the last three years before this appointment. Save for serving on the board of directors of China Netcom at the same time with Mr. Leung Ngai Man, the chairman and executive Director of the Company, during the abovementioned period, Mr. Niu is not connected with any Directors, senior management, the management, substantial shareholders or controlling shareholders of the Company
as defined in the Rules Governing the Listing of Securities on the Stock Exchange (“Listing Rules”).