The board of directors of 51 Credit Card Inc. announced that Ms. Li Hiu Ling has tendered her resignation as (i) the company secretary of the Company, an authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and an authorised representative for accepting service of process and notices on the Company's behalf in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) with effect from 1 June 2020. Ms. Li has confirmed that she does not have any disagreement with the Board and there are no other matters with respect to her resignation that needs to be brought to the attention of the shareholders of the Company or the Stock Exchange. The Board further announced that Mr. Lam Yu Hon, the financial controller of the Group, has been appointed as the Company Secretary, the Authorised Representative and the Process Agent with effect from 1 June 2020.