The board of directors of Ye Xing Group Holdings Limited announces that Mr. Lee Ka Wai has tendered his resignation as the company secretary of the Company; 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 (the "Listing Rules"); and an authorized representative of the Company under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (collectively, the "Authorised Representatives") with effect from 18 August 2020 due to personal reason. The Board announces that Ms. Ng Sau Mei ("Ms. Ng") has been appointed as the Company Secretary and the Authorised Representatives with effect from 18 August 2020. Ms. Ng is a Chartered Secretary, a Chartered Governance Professional and a fellow member of both The Hong Kong Institute of Chartered Secretaries and The Chartered Governance Institute (formerly known as The Institute of Chartered Secretaries and Administrators) in the United Kingdom.