Haichang Ocean Park Holdings Ltd. announced that Mr. Wang Xuguang currently the chief executive officer of the Company an executive Director, a member of the remuneration committee of the Company and an authorised representative has been redesignated as a non-executive Director with effect from 5 January 2022. The Board announces that following the redesignation of Mr. Wang as a non-executive Director, Mr. Wang has resigned from the position of Chief Executive Officer but will continue to serve as the member of the Remuneration Committee and an Authorised Representative due to the Company's internal work re-allocation with effect from the date of this announcement.