The board of directors (the "Board") of Shandong Fengxiang Co. Ltd. announced that with effect from 3 November 2020, Ms. Mok Ming Wai ("Ms. Mok") has resigned as the Company's joint company secretary (the "Joint Company Secretary") and the agent for the acceptance of service of process and notices on behalf of the Company in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the "Process Agent"). Ms. Mok confirmed that she has no disagreement with the Board and there is no matter relating to her resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and the shareholders of the Company. The Board is also pleased to announce that Ms. Siu Pui Wah ("Ms. Siu") has been appointed in replacement of Ms. Mok as the Joint Company Secretary and the Process Agent with effect from 3 November 2020. Mr. Shi Lei ("Mr. Shi") will continue to serve as the other Joint Company Secretary. Ms. Siu Pui Wah is a director and head of accounting and corporate services of Trident Corporate Services (Asia) Limited. She has been working in Trident Corporate Services (Asia) Limited for over 19 years and possesses experiences in providing accounting, taxation and corporate secretarial services to listed companies as well as multinational, private and offshore companies.