The board of directors of PacRay International Holdings Limited announces that Mr. Yang Lin ("Mr. Yang") has resigned as executive Director, due to his own business engagement which requires more of his attention and dedication, with effect from 28 May 2021. Mr. Yang has confirmed that he has no disagreement with the Board, the committees under the Board and/or the Company, and there is no matter in respect of his resignation that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited.