The board of directors of China Uptown Group Company Limited announced that Ms. Xia Dan has tendered her resignation as executive director of the Company on 31 January 2018 as she requires more time and commitments to pursue her other business opportunities. Ms. Xia has confirmed that there is no disagreement with the Board and there are no matters relating to her resignation that need to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited.