Grand Baoxin Auto Group Limited announced that on 19 November 2021, The Stock Exchange of Hong Kong Limited has confirmed that Ms. Xu Xing ("Ms. Xu"), one of the joint company secretaries of the Company with Ms. Wong Pui Yin Peony ("Ms. Wong"), satisfies the requirements to act as the sole company secretary of the Company under Rule 3.28 of the Rules Governing the Listing of Securities on the Stock Exchange. Following the Confirmation, Ms. Wong has tendered her resignation as the joint company secretary of the Company with effect from 20 November 2021 and Ms. Xu has been appointed as the sole company secretary of the Company with effect from 20 November 2021. Ms. Xu has been the executive Director since June 2018 and was the non-executive Director from October 2017 to June 2018. She was also appointed as a joint company secretary of the Company on 20 November 2018.