The board of directors of Everbright Grand China Assets Limited announced that with effect from 1 January 2020, Mr. Lee Wai Kwong and Ms. Ho Wing Tsz Wendy have resigned as joint company secretaries of the Company due to change of work arrangements. Mr. Lee ceased to be an authorized representative of the Company for the purpose of Rule 3.05 of the Rules Governing the Listing of Securities on the Stock Exchange. Mr. Lee will continue to serve as the assistant general manager of the Company; and Ms. Tang Yuk Ha has been appointed as company secretary and an authorized representative of the Company. Ms. Tang is an associate member of both The Hong Kong Institute of Chartered Secretaries and The Chartered Governance Institute (formerly The Institute of Chartered Secretaries and Administrators) in United Kingdom.