The board of directors of FriendTimes Inc. announced that Mr. Liu Gongyou has tendered his resignation as the joint company secretary of the Company due to personal reason, with effect from 24 June 2022. Mr. Liu has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited or the shareholders of the Company. After Mr. Liu's resignation, another joint company secretary of the Company, Ms. Fung Wai Sum, who possesses the qualifications and experience as a company secretary as required under Rule 3.28 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, will remain in office and serve as the sole company secretary of the Company.