Huiyin Holdings Group Limited announces that Mr. Chin Wai Keung Richard has tendered his resignation as an executive Director, ceased to be a member of each of the remuneration committee of the Company, the nomination committee of the Company and the strategy development committee of the Company, the authorised representative of the Company and the authorised representative of the Company to accept service of process or notices in Hong Kong on behalf of the Company under Part 16 of the Companies Ordinance (Cap. 622 of the Laws of Hong Kong) with effect from 16 May 2022 due to other business commitments and the fact that the Company has failed to pay his director's fee since 1 August 2021. Mr. Chin remains as the chief operating officer of a subsidiary and a director of certain subsidiaries.