Mr. Wei Weicheng will be removed from his position at Amber Hill Group and related entities from 31 August 2021. All of Mr. Wei's business activity shall has no relation to Amber Hill Group effective as of the date of this announcement. Thank you for your attention.
In mid-to-late July, many parts of Henan province were hit by extremely heavy rainfall, causing heavy casualties and property losses. On August 4th, Amber Hill Financial Holdings Limited (SEHK stock code 00033) and Target Insurance (Holdings)LTD. (SEHK stock code 6161) announced that they would donate HK $100,000 each through the special account of Hong Kong Shantou Chamber of Commerce and sent letters to Henan Provincial Party Committee and Henan Provincial People's Government to express condolences to the victims' relatives and the injured, and to support the flood relief and post-disaster reconstruction work in Henan.
Recently the attention of our board of directors is drawn to a set of investment promotion presentation material issued by an entity named “中國投資開發有限公司” which contains a lot of false and grossly misleading content, and that certain persons under the surnames of Yao (姚) and Han (韓) claim that they have cooperation with our group. We hereby clarify that our group, as well as other companies in which Dr. Ng Yu has shareholding interest, including Amber Hill Capital Limited, Amber Hill Financial Holdings Limited (a company listed on the Main Board of The Stock Exchange of Hong Kong Limited with stock code 33) and Target Insurance (Holdings) Limited (a company listed on the Main Board of The Stock Exchange of Hong Kong Limited with stock code 6161), do not have any relationship with any entity named “中國投資開發有限公司” or any such person under the surname of Yao (姚) or Han (韓), and we have never authorised such company to issue such promotional material.