New City Development names Lam Chi Cheung Albert independent non-executive director

• New City Development Group reshaped board leadership effective April 17, 2026, with independent non-executive directors Alex Leung Kwai Wah and Anthony Chan Yiu Tung resigning.
• Board added two independent non-executive directors, appointing Wong Pak Wing, founder of Popturn Technology with software and internet business experience, who previously served on board from August 2019 to June 2023.
• Independent non-executive director Albert Lam Chi Cheung joined board, bringing telecom, consulting experience at PCCW, Motorola, Touch Media, PwC, with current role as CEO of Novelte Robotics.
• Luo Zhen was re-designated to executive director from independent non-executive director, with prior senior roles at CBRE Greater China customer development and Savills valuation operations in Beijing.
• Audit and remuneration committee leadership changed, with Zhang Jing named audit committee chair, Lam named remuneration committee chair.

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