The board (the "Board") of directors (the "Directors") of Times Neighborhood Holdings Limited (the "Company") announced that Mr. Huang Sining ("Mr. Huang") has tendered his resignation of the chief financial officer of the Company with effect from 10 September 2020, due to other work arrangement. Mr. Huang has confirmed that he has no disagreement with the Board and there is no matter in relation to his resignation which needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. The Company will make further announcement when such successor is confirmed.