The board of directors of Million Cities Holdings Limited announced that Mr. Cheng Kwan Kuen has resigned as an executive Director and a member of the executive committee of the Company with effect from 26 August 2021 to pursue his personal endeavors. The Board announced that Mr. Li Wa Tat Benedict has been appointed as an executive Director and a member of the Executive Committee in replacement of Mr. Cheng with effect from 26 August 2021.