The board of directors of Yue Kan Holdings Limited announced that Ms. Lee Ming Chu Jade has resigned as the executive Director and one of the authorized representatives of the Company with effect from 3 January 2023 in order to devote more time for other business commitments. After the Resignation, Ms. Lee is still a director of certain subsidiaries of the Group. The Board further announced that Mr. Wong Yuk, the executive Director of Company has been appointed to replace Ms. Lee as one of the authorized representatives of the Company with effect from 3 January 2023.