The board of director of the Company announced that Mr. Chang Kwan Yip Quillan has been appointed as the company secretary of the Company and an authorized representative of the Company pursuant to Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited with effect from 8 May 2020. Mr. Chang holds a Master degree in Finance from University of Leicester in July 2010. Mr. Chang is an associate member of both The Hong Kong Institute of Chartered Secretaries and The Chartered Governance Institute (formerly known as The Institute of Chartered Secretaries and Administrators) in the United Kingdom and fellow member of the Association of International Accountants. In light of Mr. Chang's appointment as an authorized representative of the Company pursuant to Rule 3.05 of the Listing Rules, Mr. Tan Shu Jiang, an executive Director, shall cease to act as one of the authorised representatives of the Company with effect from 8 May 2020.