The board announced that Ms. CHAN Tan Na, Donna ("Ms. Chan") will resign as the chief executive officer of the company (the "Chief Executive Officer") with effect from 1 July, 2021 due to her intention to focus on her other work commitments. Ms. Chan continues to serve as the chairperson of the Board and an Executive Director after her resignation as the Chief Executive Officer. The Board announced that Mr. WU Ying Ha ("Mr. Wu") will be appointed as Chief Executive Officer with effect from 1 July, 2021. Mr. Wu, aged 57, holds a Master's degree in Business Administration from Southeastern University (Washington). Mr. Wu had served China Travel Service (Holdings) Hong Kong Limited ("CTS Group") for eleven years. During that period, he had served as a Travel Planner of Tour Group Department in China Travel Service (Hong Kong) Limited ("CTSHK"), a subsidiary of CTS Group, a Manager of General Manager Office of CTS Group, and an Assistant General Manager of the International Tourism Department in CTSHK.