Technovator International : ANNOUNCEMENT RESIGNATION OF JOINT COMPANY SECRETARY

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Technovator

TECHNOVATOR INTERNATIONAL LIMITED

同 方 泰 德 國 際 科 技 有 限 公 司*

(incorporated in Singapore with limited liability)

(Stock Code: 1206)

ANNOUNCEMENT

RESIGNATION OF JOINT COMPANY SECRETARY

The board of directors (the "Board") of Technovator International Limited (the "Company") announces that Ms. Selena Leong Siew Tee ("Ms. Leong") has tendered her resignation as joint company secretary of the Company with effect from 31 December 2019.

Ms. Leong has confirmed that she has no disagreement with the Board and there are no matters with regard to her resignation which need to be brought to the attention of the shareholders of the Company. Mr. Leung Lok Wai ("Mr. Leung"), the remaining joint company secretary of the Company, will continue to act as a joint company secretary of the Company.

Ms. Leong was a resident residing in Singapore to satisfy the requirement under the Companies Act (Cap. 50) of Singapore (the "Companies Act") that all companies incorporated in Singapore shall appoint a company secretary who must be residing locally in Singapore. As Ms. Leong did not possess the academic or professional qualifications required under note 1 to Rule 3.28 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the relevant experience as set out in paragraphs (a) to (c) in note 2 to Rule 3.28 of the Listing Rules, The Stock Exchange of Hong Kong Limited had granted a waiver from strict compliance with the requirements as set out in Rules 3.28 and 8.17 of the Listing Rules for a three-year period from 18 July 2018, being the date of appointment of Ms. Leong as a joint company secretary of the Company provided that, among others, Mr. Leung would assist Ms. Leong.

• For identification purposes only

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Mr. Leung, the remaining joint company secretary of the Company and who meets the requirements under Rules 3.28 and 8.17 of the Listing Rules, will continue to act as a company secretary of the Company. Pursuant to the Companies Act, a company secretary shall be appointed within six months of the office of secretary being vacant. The Board will seek a suitable candidate to fill the vacancy of the office of secretary as soon as practicable.

The Board would like to take this opportunity to express its gratitude to Ms. Leong for her valuable contribution to the Company during her tenure.

By Order of the Board

Technovator International Limited

Qin Xuzhong

Chairman

Hong Kong, 31 December 2019

As at the date of this announcement, the executive directors of the Company are Mr. Zhao Xiaobo and Mr. Qin Xuzhong; the non-executive directors of the Company are Mr. Huang Yu, Mr. Liu Tianmin and Mr. Wang Yinghu; and the independent non-executive directors of the Company are Mr. Fan Ren Da Anthony, Mr. Chia Yew Boon and Ms. Chen Hua.

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