Guoan International Limited Announces Resignation of Cheung Ngai Lam as an Independent Non-Executive Director, Chairman of the Audit Committee, Member of the Remuneration Committee and Nomination Committee

The board (the "Board") of directors (the "Director(s)") of Guoan International Limited (the "Company") announced that Mr. CHEUNG Ngai Lam ("Mr. Cheung") has resigned as an independent non-executive Director, the chairman of the audit committee (the "Audit Committee") and a member of each of the remuneration committee (the "Remuneration Committee") and the nomination committee (the "Nomination Committee") of the Company, all with effect from 17 June 2021 due to other business commitments which require more dedication.