The board (the ‘‘Board’’) of directors Zhi Sheng Group Holdings Limited announced that Mr. Ma Gary Ming Fai (‘‘Mr. Ma’’) will be appointed as an executive Director of the Company with effect on 1 April 2021, primarily responsible for finance and compliance of the Group. Mr. Ma was the chairman of the Board and non-executive Director of the Company in January 2017 when the Company listed on GEM of the Stock Exchange. Mr. Yi Cong (‘‘Mr. Yi’’), an executive Director and Chief Executive Officer of the Company, will resign from the position of compliance officer in order to focus his efforts on the Company’s business pursuits with effect from 1 April 2021. The Board announced that Mr. Ma will also be appointed as the compliance officer for the purpose of Rule 5.19 of the GEM Listing Rules, in place of Mr. Yi with effect from 1 April 2021.