The board of directors of Daohe Global Group Limited announced that Mr. TSANG Chun Ho, Anthony (also known as Zichen) has resigned as an Executive Director and a President of the company and also ceased to be a member of the Executive Committee of the Board with effect from March 23, 2018. Mr. HO Chi Kin, an Executive Director and the Chief Financial Officer of the company, has been appointed as an Authorised Representative in the replacement of Mr. Zichen pursuant to Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited with effect from March 23, 2018.