The board of directors of Inno-Tech Holdings Limited announced that Mr. Chan Yiu Wing (‘Mr. Chan'’) has tendered his resignation as an executive director and a member of the nomination committee of the Company and the authorised representative of the Company under the Rules Governing the Listing of Securities on the GEM of The Stock Exchange of Hong Kong Limited and the authorised representative of the Company for accepting service of process and notices on behalf of the Company in Hong Kong as required under the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) upon his resignation with effect from 18 May 2020. The resignation of Mr. Chan will not cause the number of directors of the Board to fall below the quorum and the Board will continue to function properly. Mr. Chan has confirmed that he has no disagreement or unsettled issues with the Board and the Company and that there were no other matter relating to his resignation that need to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. The Board announced that Mr. Wong Kam Fai (‘Mr. Wong’') has been appointed as the Authorised Representative and the Process Agent in replacement of Mr. Chan with effect from 18 May 2020.