The board of directors of Inno-Tech Holdings Limited announced that Mr. Zheng Pin has been appointed as the executive director, vice chairman of the Board with effect from 1 February 2019. Mr. Zheng, aged 38, is currently the general manager of an operating subsidiary of the Group in PRC. The board of directors of Inno-Tech Holdings Limited announced that Mr. Wang Yu has resigned as an executive Director, chief executive officer of the Company with effect from 1 February 2019 as he would like to devote more time on his other business commitment.