Colour Life Services Group Co., Limited announced that Mr. Tang Xue Bin has been redesignated as a non-executive director of the Company and he has also resigned as the Chief Executive Officer and will cease to be the member of the remuneration committee and a member of the nomination committee of the Company at the same time, but will continue to serve as a vice chairman of theCompany; Mr. Chen Xinyu, an executive director, has been appointed as the member of the remuneration committee of the Company; and Mr. Huang Wei has been appointed as the Chief Executive Officer and also a member of the nomination committee of the Company. These management changes are with effect from 3 December 2019.