The board of directors of Legend Holdings Corporation announced that Mr. NING Min, Chairman of the Board, has ceased to be the secretary of the Board and a joint company secretary of the Company due to work rearrangement and the appointment of Mr. WANG Wei as the secretary of the Board and a joint company secretary of the Company has been approved by the Board with effect from January 1, 2020. Mr. WANG Wei joined Legend Holdings in October 2019. He currently acts as General Manager of the Securities Affairs Department, responsible for investor relations, legal compliance, and information disclosure. Mr. WANG obtained his bachelor's degree from Zhongnan University of Economics and Law in 2003 and master's degree of accounting and finance from University of Southampton in 2004. He was certified as board secretary by the Shanghai Stock Exchange in 2019. The Board announces that Mr. NING, Chairman of the Board of the Company, has become an authorized representative of the Company under Rule 3.05 of the Listing Rules with effect from January 1, 2020, and Mr. ZHAO John Huan, a Non-executive Director of the Company, has ceased to be an authorized representative of the Company.