Lamtex : RESIGNATION OF EXECUTIVE DIRECTOR AND INDEPENDENT NON-EXECUTIVE DIRECTOR

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(Incorporated in Bermuda with limited liability)

(Stock Code: 1041)

RESIGNATION OF EXECUTIVE DIRECTOR

AND INDEPENDENT NON-EXECUTIVE DIRECTOR

RESIGNATION OF EXECUTIVE DIRECTOR

The Board of directors (the "Board") of Lamtex Holdings Limited (the "Company") would like to announce that, due to his desire to devote more time to his other business commitments, Mr. Cheng Tun Nei ("Mr. Cheng") has resigned as executive director of the Company with effect from 30 July 2020.

Mr. Cheng has confirmed that he does not have any disagreement with the Board, and there is no other matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited.

The Board would like to take this opportunity to express its appreciation to Mr. Cheng for his valuable contributions and services to the Company during his tenure of office as executive director of the Company.

RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The Board of directors (the "Board") of Lamtex Holdings Limited (the "Company") would like to announce that, due to his desire to devote more time to his other business commitments, Mr. Xu Lin ("Mr. Xu") has resigned as independent non-executive director, member of Audit Committee and Chairman of Remuneration Committee of the Company with effect from 30 July 2020.

Mr. Xu has confirmed that he does not have any disagreement with the Board, and there is no other matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited.

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The Board would like to take this opportunity to express its appreciation to Mr. Xu for his valuable contributions and services to the Company during his tenure of office as independent non-executive director, member of Audit Committee and Chairman of Remuneration Committee of the Company.

By the order of the Board

Lamtex Holdings Limited

Yiu Sin Yi

Company Secretary

Hong Kong, 31 July 2020

As at the date of this announcement, the Board comprises two Executive Directors, namely, Mr. Huang Bin and Mr. Wu Xiaolin; two Non-Executive Directors, namely Ms. Zang Yanxia and Mr. Pan Xian; and three Independent Non-Executive Directors, namely Mr. Li Changhui, Mr. Liu Kam Lung and Mr. Li Ming Guo.

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