Q Technology appoints new independent director, announces board committee changes

Q Technology (Group) Company Limited has appointed Mr. Xiaomin Fu as an independent non-executive director, effective September 9, 2025. Mr. Fu, 55, will also serve as chairman of the Risk Management Committee and as a member of the Audit, Remuneration, and Nomination committees. He brings extensive experience from his roles as chief information officer, chief operating officer, and head of financial technology at Howbuy Wealth Management Co., Ltd., and previous positions at Capital One Financial Corporation.

This appointment follows the resignation of Mr. Ko Ping Keung from his independent non-executive director position and related committee roles, also effective September 9, 2025, as he intends to devote more time to personal affairs. Mr. Ko confirmed no disagreement with the board.

Mr. Fu's appointment is for a three-year term, subject to retirement by rotation and re-election. He will receive an annual director’s fee of HK$100,200. The board confirmed Mr. Fu's independence in line with listing rules criteria and expressed appreciation to Mr. Ko for his contributions.