The board of directors of China South City Holdings Limited announces that the following changes in Director and senior management with effect from 16 August 2021: (1) Mr. Zhao Lidong ("Mr. Zhao"), for the purpose of devoting more time on personal affairs and charity affairs, has tendered his resignation as Executive Director of the Company and Chief Executive Officer; Mr. Zhao confirmed that he has no disagreement with the Board and there is no other matter that needs to be brought to the attention of the shareholders of the Company nor the Stock Exchange of Hong Kong Limited, in relation to his resignation.