The board of directors of Orange Sky Golden Harvest Entertainment (Holdings) Limited announced that Ms. Wu Keyan tendered her resignation as an executive director with effect from 9 September 2019 for the reason that she could devote more time to her other business engagements. Ms. Wu has confirmed that she has no disagreement with the Board and that there is no matter relating to her resignation as an executive Director that needs to be brought to the attention of the shareholders of the Company. The Board would like to take this opportunity to give appreciation to Ms. Wu for her valuable contribution to the Company during her tenure of office. The Board announced that Ms. Go Misaki (former name: Wu Kexuan) and Mr. Peng Bolun ("Mr. Peng") have been appointed as executive directors of the Company with effect from 9 September 2019. Ms. Go, aged 43, is currently a director of certain subsidiaries of the Company. She has served as general manager of Chikou Company Limited since 2003. Mr. Peng, aged 29, will be appointed as the executive director of the Company and the finance director of the China operation of the Group effective from 9 September 2019. Before joining the Group, he respectively served as a director from July 2017 to September 2019 and assistant to chairman from March 2018 to September 2019 of Orange Sky Entertainment Group (International) Holding Company Limited ("OSEG").