Hop Fung Group Holdings Limited announced that Mr. Hui Sum Kwok has tendered his resignation as an executive Director and the chairman of the Board so as to spend more time with his family and further pursue his personal interests. The resignation of Mr. Hui Sum Kwok as the Chairman took effect from 16 May 2018 while his resignation as an executive Director will take effect from 15 August 2018. Mr. Hui Sum Kwok will also resign as the authorized representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited with effect from 15 August 2018. The Board announced that Mr. Hui Sum Ping was re-designated from the vice chairman of the Board as the Chairman with effect from 16 May 2018. The Board announced that Mr. Hui Sum Tai, an executive Director and the chief executive officer of the Company, will be appointed as an authorised representative under Rule 3.05 of the Listing Rules to fill the vacancy arising from the resignation of Mr. Hui Sum Kwok with effect from 15 August 2018.