Eagle Ride Investment Holdings Limited announced that Mr. Gui Shengyue has tendered his resignation as an independent non-executive director of the Company (INED) with effect from 15 June 2020 due to his desire to devote more time to his other business commitments. Mr. Gui has confirmed that there is no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. Following the resignation of Mr. Gui, the number of the INEDs has fallen below the minimum number required under Rules 3.10(1) and 3.10A of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited (the "Listing Rules").