The board of directors of Qinqin Foodstuffs Group (Cayman) Company Limited announced that Mr. Zhu Hong Bo has resigned as the chief executive officer of the Group with effect from 23 August 2019 due to health reason. He will continue to be an executive director of the Company after his resignation as the Chief Executive Officer and will assist in the transition of the responsibilities of the Chief Executive Officer. The Company is in the process of identifying a suitable candidate to assume the role as Chief Executive Officer and further announcement in this regard will be made as and when appropriate. In the meantime, the responsibilities of the Chief Executive Officer would be overseen by Mr. Hui Ching Lau, Chairman and executive director of the Company, with the support of the senior management team of the Group.