The Board of Directors of Goldlion Holdings Limited (the ‘Company’, together with its subsidiaries, the ‘Group’) announced that Mr. Tsang Wing Hong (‘Mr. Tsang’) has tendered his resignation as the Deputy Chief Executive Officer of the Group and the chief executive officer of the Group's China Mainland operations due to his wishes to devote more time and dedication to his family and other personal commitments. Mr. Tsang will leave the Company's employment on 31st December 2021. Mr. Tsang joined the Group in May 2012. The Board wishes to take this opportunity to express its gratitude to Mr. Tsang for his valuable contributions to the Company during his tenure of office. Following Mr. Tsang's resignation, the Company is in the course of identifying a suitable candidate to fill the vacancy of the relevant job positions.