Shanghai Dongzheng Automotive Finance Co., Ltd. announced that, due to the decision to devote more time on personal endevors, Ms. Yao Wen has resigned from the position of joint company secretary of the Company and ceased to act as an authorised representative of the company pursuant to Rule 3.05 of The Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited with effect from 26 January 2021. Mr. Chan Pak Hung, the other joint company secretary of the Company who meets the requirements with respect to the professional qualification of a company secretary under Rule 3.28 of the Listing Rules, will continue to act as the sole company secretary of the Company. The Board further announces that Mr. Chan has been appointed as an Authorised Representative with effect from 26 January 2021.