Planetree International Development : CHANGE OF COMPANY SECRETARY AND AUTHORISED REPRESENTATIVE

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PLANETREE INTERNATIONAL DEVELOPMENT LIMITED

梧 桐 國 際 發 展 有 限 公 司

(Incorporated in Bermuda with limited liability)

(Stock code: 00613)

CHANGE OF COMPANY SECRETARY AND

AUTHORISED REPRESENTATIVE

The board of directors (the "Board") of Planetree International Development Limited (the "Company") announces that Mr. Yeung Chi Lung ("Mr. Yeung") has resigned as the company secretary of the Company and ceased to act as an authorised representative of the Company (the "Authorised Representative") under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, both with effect from 31 January 2020. Mr. Yeung has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited.

Following the resignation of Mr. Yeung, the Board is pleased to announce that Ms. Yuen Yu Hung ("Ms. Yuen") has been appointed as the company secretary of the Company and Authorised Representative, both with effect from 31 January 2020. Ms. Yuen holds a bachelor's degree in Business Administration (Hons) from Hong Kong Baptist University and has about 6 years of experience in financial and company secretarial work. She is a member of the Hong Kong Institute of Certified Public Accountants.

The Board would like to take this opportunity to express its sincere gratitude to Mr. Yeung for his valuable contribution to the Company during his tenure of service and welcome Ms. Yuen on her new appointments.

By order of the Board

Planetree International Development Limited

Cheung Ka Yee

Executive Director

Hong Kong, 31 January 2020

As at the date of this announcement, the Board comprises the following directors:

Executive Directors:	Independent Non-Executive Directors:
Mr. Lam Hiu Lo	Mr. Chan Sze Hung
Mr. Liang Kang	Mr. Ha Kee Choy, Eugene
Ms. Cheung Ka Yee	Mr. Kwong Kai Sing, Benny
Ms. Tsang Wing Man