The board of directors of Jiande International Holdings Limited announced that Mr. Tsoi Kin Sze has tendered his resignation as an executive Director and Chief Executive Officer (the "CEO") of the Company with effect from 22 November 2019 for the reason that he wishes to spend more time on his other personal commitments. Mr. Shie Tak Chung ("Mr. Shie"), an executive Director and the chairman of the Company, has been appointed as the CEO in replacement of Mr. Tsoi with effect from 22 November 2019. Mr. Shie, aged 63, appointed as an executive director and the chairman of the Company on 25 October 2016, is mainly responsible for the overall corporate development and strategic planning of the Group.