ELIFE HLDGS (00223.HK): Fung Chi Pan appointed as Chairman, Chiu Chun Chung appointed as Chief Executive Officer

NewTimeSpace News: On 26 August 2026, Easy Life Holdings Limited (stock code: 00223) announced that Mr. Fung Chi Pan, an executive director, has been appointed as Chairman of the board, with effect from 26 August 2026.

The announcement stated that Mr. Fung, aged 30, was appointed as an executive director on 18 June 2026, with experience in wealth management and supply chain trading and investment: he served as a client wealth management services manager at Banco Luso Internacional from 2019 to 2021, and founded a supply chain trading and investment company in Macau in 2021 (principally engaged in the import and export of international chemical products), serving as its president, subsequently expanding the business to the Guangdong-Macao In-Depth Cooperation Zone in Hengqin; he graduated from the University of New South Wales, Australia in 2018 with a bachelor's degree in management. Mr. Fung has entered into a service contract with the Company for an initial term of three years, and is entitled to a fixed director's fee of HKD 25,000 per month.

On the same day, Mr. Chiu Chun Chung, an executive director, vice-chairman, acting chairman and member of the nomination committee, was appointed as Chief Executive Officer, ceasing to serve as acting chairman but continuing as executive director and vice-chairman. Mr. Chiu, aged 42, has over 16 years of experience in the hotel industry and IoT smart product marketing and brand operations, having previously served as a key account manager of TCL Commercial System Technology (Huizhou) Co., Ltd., general manager of Sichuan Zhongxuan High-Tech Technology Co., Ltd. and general manager of Chengdu Chengzhutong New Retail Technology Co., Ltd.; he obtained a bachelor's degree in education from Beijing Normal University in 2007 and an MBA from Swiss Hotel Management University in 2026. Mr. Chiu is entitled to a fixed director's fee of HKD 25,000 per month and holds an aggregate of 32,735,000 shares of the Company (approximately 2.01% of the total issued shares), comprising 19,560,000 shares held by him, 975,000 shares relating to unvested share awards granted to him, and 12,200,000 shares relating to vested or unvested share options granted to him.

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