99 Technology Limited announced that Mr. Henry Chen, the current CFO of 99 Technology has been appointed the Chief Executive Officer (CEO) to replace Ms. Amalisia Zhang. Mr. Chen has been with the Company for more than 5 years and worked closely with Ms. Amalisia Zhang in business development during this period. Ms. Amalisia Zhang will maintain her role as an Executive Director of the Company. By passing on the CEO duties to Mr. Chen, Ms. Zhang will be better able to strategise and create more effective forward planning avenues for business expansion both domestically and globally. The Board announced Mr. Chen to his new role and is supportive of the appointment. Mr. Chen's appointment provides the Company with continuity in management and operational insight. Mr. Chen's effective appointment date as CEO is December 2, 2020. Mr. Chen joined 99 Technology in June 2015.