The board of directors of China Yu Tian Holdings Limited announced that Mr. Xu Yibin has resigned as the company's joint company secretary with effect from 28 December 2018. Mr. Xu confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and the shareholders of the company. Following Mr. Xu's resignation as a joint company secretary, Mr. Tso Ping Cheong, Brian, the other joint company secretary of the company who possesses the requisite qualifications of a listed issuer's secretary pursuant to Rule 5.14 of the Rules Governing the Listing of Securities on GEM of the Stock Exchange, shall continue to act as the company secretary of the company.