Elife Holdings Limited announced that Mr. Zhang Yichun ("Mr. Zhang") resigned as a non-executive Director and vice-chairman of the Board with effect from 29 February 2020; and Ms. Xu Ying ("Ms. Xu") resigned as a non-executive Director with effect from 1 March 2020 each due to his/her decision to devote more time to his/her other commitments. Each of Mr. Zhang and Ms. Xu has confirmed that he/she has no disagreement with the Board and that there are no matters in relation to his/her resignation that need to be brought to the attention of the shareholders of the Company.