The Board of Baofeng Modern International Holdings Company Limited announced that Mr. Tsang Wing Pong has resigned as the company secretary and authorized representative of the company for accepting service of process and notices on its behalf in Hong Kong under the Companies Ordinance; and Mr. Ip Pui Sum has been appointed as the company secretary and authorized representative of the company for accepting service of process and notices on its behalf in Hong Kong under the Companies Ordinance. As Mr. Ip has been engaged and appointed by the Company as the company secretary in the capacity of an external service provider, the Company will therefore designate Mr. Leung Tsz Chung, an executive Director, to be the contact person with whom Mr. Ip can contact pursuant to Code Provision F.1.1 of the Corporate Governance Code.