The board of directors of KVB Kunlun Financial Group Limited announced that Mr. Wong Yiu Kit, Ernest has tendered resignation an executive director, the company secretary, the chief financial officer and an authorized representative of the Company under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Companies Ordinance (Chapter 622 of the Laws of Hong Kong); and from all of his other positions within the Group, each with effect from 16 August 2019, in order to devote more time to his other personal engagements. The Board announced that Mr. Yuan Feng, an executive director and the deputy chief executive officer of the Company has been appointed the Authorized Representative and Ms. Yu Hiu Kwan, Hilda has been appointed as the Company Secretary, both with effect from 16 August 2019 in the stead of Mr. Wong. Ms. Yu is an associate member of the Institute of Chartered Secretaries and Administrators and the Hong Kong Institute of Chartered Secretaries.