The board of directors of Zhejiang Chang'an Renheng Technology Co., Ltd. announced that Ms. Li Nan has been appointed by the Board as a joint company secretary of the Company with effect from 2 December 2019. Mr. Chan Hon Wan, the existing company secretary of the Company, will continue to act as a consultant and the other joint company secretary of the company. Ms. Li served as an engineer in Elementis Special Chemistry Group from August 2013 to May 2016. From May 2016 to now, she has served as deputy manager of technology department in the Company. Ms. Li will be assisted by Mr. Chan Hon Wan, another Joint Company Secretary and a consultant, who meets the above requirements, during the Wavier Period, and the Wavier will be revoked immediately when Mr. Chan ceases to be a Joint Company Secretary.