China Electronics Optics Valley Union : RESIGNATION OF JOINT COMPANY SECRETARY AND CHANGE OF AUTHORISED REPRESENTATIVE

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China Electronics Optics Valley Union Holding Company Limited

中 電 光 谷 聯 合 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 798)

RESIGNATION OF JOINT COMPANY SECRETARY

AND

CHANGE OF AUTHORISED REPRESENTATIVE

The board of directors (the "Board") of China Electronics Optics Valley Union Holding Company Limited (the "Company", together with its subsidiaries, the "Group") announces that Ms. Leung Ching Ching ("Ms. Leung") has resigned as a joint company secretary of the Company with effect from 12 December 2019.

Ms. Leung has confirmed that she has no disagreement with the Board and there is no matter in relation to her resignation that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited (the "Stock Exchange").

The Stock Exchange has confirmed that the other joint company secretary of the Company, namely Ms. Zhang Xuelian ("Ms. Zhang"), is qualified to act as the company secretary of the Company under Rule 3.28 of the Rules Governing the Listing of Securities on the Stock Exchange (the "Listing Rules"). Therefore, after the resignation of Ms. Leung, Ms. Zhang will act as the sole company secretary of the Company.

In addition, with effect from 12 December 2019, Ms. Leung has ceased to be an authorised representative of the Company as required under the Listing Rules (the "Authorised Representative") and Ms. Zhang has been appointed as an Authorised Representative.

Ms. Zhang was appointed as a joint company secretary of the Company on 6 March 2014. Ms. Zhang joined the Group in 2008 and is responsible for the secretariat function for the Board and the legal and compliance department of the Group, as well as the work of the Group's Hong Kong office. She has held various positions within the Group, including the head of the administration centre, secretary

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to the Board and the chief of the legal and compliance department of the Group. Before joining the Group, Ms. Zhang served as the secretary, representative of securities matters, general manager of the business development department, chief of the audit and legal compliance department, deputy general economist and supervisor of Wuhan East Lake High Technology Group Co., Ltd. (a company whose shares are listed on the Shanghai Stock Exchange) from 1998 to 2008.

The Company would like to express its sincere gratitude to Ms. Leung for her contribution to the Company during her tenure of office.

By Order of the Board

China Electronics Optics Valley Union Holding Company Limited

Huang Liping

Chairman

Wuhan, Hubei, the People's Republic of China

12 December 2019

As at the date of this announcement, the directors of the Company are Mr. Huang Liping and Mr. Hu Bin as executive Directors; Ms. Wang Qiuju, Mr. Xiang Qunxiong, Mr. Zhang Jie and Ms. Sun Ying as non-executive Directors; Mr. Qi Min, Mr. Leung Man Kit and Ms. Zhang Shuqin as independent non-executive Directors.

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