The board of directors of China Literature Limited announces that Mr. Zhao Jincheng ceased to be a joint company secretary of the Company upon the expiry of his term of office with effect from November 7, 2020, but he remains as the general manager of the investment department of the Company after his retirement as a joint company secretary of the Company. Mr. Zhao confirmed that he had no disagreement with the Board and there was no matter in relation to his retirement as a joint company secretary of the Company need to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company. Ms. Lai, the other joint company secretary as at the date of this announcement, will continue to act as the company secretary of the Company after the retirement of Mr. Zhao as a joint company secretary of the Company.