The board of directors of Huali University Group Limited announced that Mr. Dong Xiaolin ("Mr. Dong") has tendered his resignation as an executive Director with effect from the conclusion of the forthcoming annual general meeting of the Company. Mr. Dong has confirmed that he has no disagreement with the Board and there is no matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company (the "Shareholders"). The Board is not aware of any matter in relation to Mr. Dong's resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). The Board announces that, on November 6, 2020, it has proposed and elected Mr. Ma Zhixiong ("Mr. Ma") as an executive Director with effect from the conclusion of the forthcoming annual general meeting of the Company. Mr. Ma, aged 49, was appointed as the vice-president of the Company on December 18, 2017 and is primarily responsible for the operation and management of the Group. He was an assistant to the chairman of the board of directors of Guangdong Province Huali Technician College from May 2017 to October 2017, and of Guangzhou Huali Science and Technology Vocational College from November 2017 to December 2017.