The board of directors of New Sports Group Limited announced that each of Mr. Li Minbin ("Mr. Li") as the executive Director, Mr. Chen Kaiben and Mr. Wu Teng ("Mr. Wu") as the non-executive Directors and Mr. Chen Zetong as the independent non-executive Director has retired at the conclusion of the 2019 AGM held on 30 May 2019. The Board further announces that Mr. Lau Wan Po ("Mr. Lau") has resigned as the non-executive Director with effect from 30 May 2019 due to his other personal commitment.