Sunkwan Properties Group Limited announced the resignation of Mr. YANG Zhandong as executive director of the Group due to change in work arrangements with effect from 31 March 2023. Mr. Yang will remain as the executive president of the Company after his resignation. Mr. Yang 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 (the "Stock Exchange").

The Board would like to take this opportunity to thank Mr. Yang for his valuable contributions to the Company during his tenure of service as the Executive Director.