Fantasia Holdings Group Co., Limited announced the appointment of executive director Lin Zhifeng as the company’s authorised representative under Hong Kong Listing Rule 3.05, effective 10 April 2026. With this designation, the board confirms full re-compliance with the authorised-representative requirement.

However, governance deficiencies triggered by the resignation of director Cheng Jianli on 19 March 2026 remain unresolved:

1. The chairmanship of the nomination committee is vacant, leaving the issuer in breach of Listing Rule 3.27A, which mandates that the committee be chaired by either the board chair or an independent non-executive director. 2. Membership of the remuneration committee has fallen below the minimum specified in its terms of reference.

The board plans to appoint suitable candidates to fill both roles “as soon as practicable,” targeting compliance with Rule 3.27C’s three-month deadline for the nomination committee vacancy. Further announcements will be released once appointments are confirmed.

As of 10 April 2026, the board comprises two executive directors (Lin Zhifeng, Timothy David Gildner), two non-executive directors (Zeng Jie Baby, Su Boyu) and three independent non-executive directors (Leung Yiu Cho, Guo Shaomu, Ma Yuheng).