The board of directors of Sino-Ocean Group Holding Limited announced that Mr. Chung Kai Cheong has tendered his resignation as the cahanand will cease to be an 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 26 May 2018. Mr. Chung has confirmed that he has no disagreement with the Board and there is no other matter regarding his resignation that needs to be brought to the attention of the shareholders of the Company and the Stock Exchange. Following the resignation of Mr. Chung, the Board announced that Ms. Lai Yin Ping has been appointed as the company secretary and authorized representative of the company under Rule 3.05 of the Listing Rules with effect from 26 May 2018. Ms. Lai, currently the deputy company secretary of the company, joined the Group in January 2007 and has over 10 years of experience in company secretarial and corporate governance practices.