The board of directors of China Yongda Automobiles Services Holdings Limited announced that Ms. Mok Ming Wai has resigned and Ms. So Ka Man ("Ms. So") has been appointed to the following positions of the Company with effect from 25 November 2020: Joint company secretary (the "Joint Company Secretary"); Authorized representative. After the aforesaid changes, Ms. Zhang Hong ("Ms. Zhang") will continue to serve as the other Joint Company Secretary.