The Board of Directors of Polytec Asset Holdings Limited announced that Mr. Lee Chi Ming ("Mr. Lee") has tendered his resignation as the company secretary of the Company (the "Company Secretary") with effect from 2 April 2021. Mr. Lee 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. The Board further announced that Mr. Yeung Kwok Kwong ("Mr. Yeung"), currently an executive director of the Company, has been appointed as the Company Secretary with effect from 2 April 2021.