The board of directors of Pak Tak International Limited announced that Mr. Ko Kin Chung has resigned as an executive director of the company due to his own decision to devote more time to other business with effect from 30 November 2016. Mr. Ko also ceases to act as (i) the position of Chief
Executive Officer of the company; (ii) as one of the authorised representatives of the company. The Board also announced that Mr. Wang Jian
an executive Director and the Chairman of the Board has been appointed as the Chief Executive Officer and the chairman of the corporate governance committee of the company with effect from 30 November 2016. The Board announced that, Ms. Qian Pu the executive Director, has been appointed as the Authorised Representative for the purpose of Rule 3.05 of the Listing Rules and Process Agent with effect from 30 November 2016. Immediately following Mr. Ko's resignation, the authorised representatives of the Company for the purpose of Rule 3.05 of the Listing Rules will be Ms. Qian Pu and Ms. Chan Lok Yin.