The board of directors of Essex Bio-Technology Limited announced that Mr. Zhong Sheng ("Mr. Zhong") has tendered his resignation as an executive Director, an authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"), as well as (iii) a member of the corporate governance committee of the Board with effect from 4 July 2020. The resignation of Mr. Zhong was due to his own decision to devote more time to his personal and family commitments. Mr. Zhong 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 Board further announces that Mr. Fang Haizhou, an executive Director, has been appointed as an authorised representative of the Company under Rule 3.05 of the Listing Rules with effect from 4 July 2020.