Dragon Crown : CHANGE OF COMPANY SECRETARY

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Dragon Crown Group Holdings Limited

龍 翔 集 團 控 股 有 限 公 司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 935)

CHANGE OF COMPANY SECRETARY

The Board announces that:

1. Ms. LEE Mei Yi has resigned as the company secretary of the Company with effect from 1 January 2020; and
2. Ms. CHUNG Sau Ming has been appointed as the company secretary of the Company with effect from 1 January 2020.

1. RESIGNATION OF COMPANY SECRETARY

The board of directors (the "Board") of Dragon Crown Group Holdings Limited (the "Company") announces that Ms. LEE Mei Yi ("Ms. LEE") has resigned as the company secretary of the Company with effect from 1 January 2020.

Ms. LEE confirmed that she has no disagreement with the Board and there are no matters in relation to her resignation that need to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company.

The Board would like to express its sincere gratitude to Ms. LEE for her valuable contributions to the Company.

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1. APPOINTMENT OF COMPANY SECRETARY
   The Board is pleased to announce that, pursuant to Ms. LEE's resignation as the company secretary of the Company, Ms. CHUNG Sau Ming ("Ms. CHUNG") has been appointed as the company secretary of the Company with effect from 1 January 2020.
   Ms. CHUNG joined the Group in October 2011 and is currently the finance manager of the Company. She has over 12 years of experience in the area of auditing, accounting and financial management and taxation. Ms. CHUNG graduated from Lingnan University, Hong Kong with a Bachelor's Degree (Honors) in Business Administration (Major in Accounting). Ms. CHUNG is a member of The Hong Kong Institute of Certified Public Accountants.
   The Board would like to take this opportunity to express its warmest welcome to Ms. CHUNG on her new appointment.

By order of the Board

DRAGON CROWN GROUP HOLDINGS LIMITED

NG Wai Man

Chairman & Chief Executive Officer

Hong Kong, 31 December 2019

As at the date of this announcement, the executive Directors are Mr. NG Wai Man, Mr. CHONG Yat Chin and Ms. CHAN Wan Ming and the independent non-executive Directors are Mr. FENG Jianping, Mr. HOU Xiaoming and Mr. LAU Sik Yuen.

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