The board of directors of Chiho Environmental Group Limited announced that Mr. Wong Wun Lam has tendered his resignation as the Chief Financial Officer, Executive Director of the Company and the director of certain subsidiaries of the Company with effect from 20 December 2019 due to his desire to devote more time on other endeavors. Mr. Wong has tendered his resignation as a member of each of the Executive Committee, the Strategy and Investment Committee and the Pricing Committee of the Company with effect from 20 December 2019.