Fire Rock : (1) RESIGNATION OF EXECUTIVE DIRECTOR; AND (2) APPOINTMENT OF EXECUTIVE DIRECTOR

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Stock Code: 1909)

1. RESIGNATION OF EXECUTIVE DIRECTOR; AND
2. APPOINTMENT OF EXECUTIVE DIRECTOR

The board of directors (the ''Board'') of Fire Rock Holdings Limited (the ''Company'') announces that: (1) Mr. Wu Zhe (''Mr. Wu'') has resigned as executive director and compliance officer; and (2) Mr. Rao Zhenwu (''Mr. Rao'') has resigned as executive director, with effect from 10 August 2020. They will no longer hold any position in the Company and its subsidiaries.

Mr. Wu and Mr. Rao have confirmed that they have no disagreement with the Board and there is no matter relating to their resignations that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited.

The Board would like to take this opportunity to express its sincere gratitude to Mr. Wu and Mr. Rao for their valuable contribution to the Company during the tenure of office.

APPOINTMENT OF EXECUTIVE DIRECTOR

The Board of the Company is also pleased to announce that Mr. Zhou Kun (周錕先生) (''Mr. Zhou'') has been appointed as an executive director of the Company with effect from 10 August 2020.

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MR. ZHOU KUN

Mr. Zhou Kun, aged 32, has nearly 10 years of experience in the game industry, and has been a product director of Shenzhen Fire Element Network Technology Company Limited (深圳市火元素網絡技術有限公司), an indirect wholly-owned subsidiary of the Company, since April 2017. For the period from April 2011 to April 2014, Mr. Zhou worked with Shenzhen KooGame Technologies Co., Ltd. (深圳市掌中酷柚科技有限公 司), where he first served as planning specialist, and later as operation specialist, responsible for product planning and operation development, respectively. For the period from May 2014 to May 2015, he served as head of product in Shenzhen EMAPGO Technology Co., Ltd. (深圳易圖通科技有限公司). For the period from June 2015 to February 2016, Mr. Zhou was a co-founder and product director of Shenzhen Yiyueyou Technologies Co., Ltd. (深圳宜悅游科技有限公司). For the period from April 2016 to March 2017, he served as head of product in Shenzhen Vikings Network Technology Co., Ltd. (深圳維京人網絡科技有限公司). Mr. Zhou obtained a bachelor's degree in engineering from Huazhong University of Science and Technology in June 2011.

Mr. Zhou has entered into a letter of appointment with the Company for a term of 3 years commencing from 10 August 2020 and until terminated by either party by giving at least 3 months' notice.

Mr. Zhou is subject to retirement by rotation and re-election at the forthcoming annual general meeting in accordance with the articles of association of the Company.

Mr. Zhou is entitled to a director's remuneration of RMB38,000 per month which is determined by the Board upon the recommendation of the Remuneration Committee of the Company with reference to his experience and duties in the Company and the prevailing market conditions.

As at the date of this announcement, Mr. Zhou is the holder of 100,000 issued and fully paid ordinary shares of HK$0.01 each of the Company.

Save as disclosed above, as at the date of this announcement, (i) Mr. Zhou does not hold any other position in the Company or its subsidiaries; (ii) Mr. Zhou does not hold any other directorships in any other public companies the securities of which are listed on any securities market in Hong Kong or overseas in the last three years; (iii) Mr. Zhou does not, and is not deemed to have any interests or short positions in any shares, underlying shares or debentures of the Company or any of its associated corporations within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong); (iv) Mr. Zhou does not have any relationship with any directors, senior management, substantial shareholders (as defined in the Rules Governing the Listing of Securities on The Stock Exchange Of Hong Kong Limited (the ''Listing Rules'')) or controlling shareholders (as defined in the Listing Rules) of the Company; and (v) Mr. Zhou has not possessed any other professional qualifications.

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Save as disclosed above, the Board is not aware of any other matters relating to the appointment of Mr. Zhou as an executive director that need to be brought to the attention of the shareholders of the Company. There is no other information which is required to be disclosed pursuant to Rule 13.51(2)(h) to (v) of the Listing Rules.

The Board would like to take this opportunity to express its warmest welcome to Mr. Zhou for joining the Board.

By order of the Board of

Fire Rock Holdings Limited

Huang Yong

Executive Director and CEO

Hong Kong, 10 August 2020

As at the date of this announcement, the executive Directors are Mr. Huang Yong and Mr. Zhou Kun; the non-executive Directors are Mr. Zhang Yan and Ms. Yang Kan; and the independent non-executive Directors are Mr. Chan King Fai, Mr. Chen Di and Mr. Yang Zhen.

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