Ling Yui Holdings Limited announces that Mr. Li Meng (Mr. Li) has resigned as an executive Director of the Company with effect from 24 May 2023. The resignation of Mr. Li was due to his other personal commitments which require more of this time and dedication. Mr. Li has confirmed that he has no disagreement with the Board and there is nothing relating to his resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company.