The board of directors of Everbright Grand China Assets Limited announced that Baker & McKenzie has ceased to act as the authorized representatives of the Company under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) and Rule 19.05(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited for the acceptance of services of process and notices on behalf of the Company in Hong Kong (the "Process Agent") with effect from 9 December 2021. The Board further announces that Ms. Tang Yuk Ha, the Company Secretary, has been appointed as the Process Agent with effect from 9 December 2021.