The board of directors of China Saite Group Company Limited announced that with effect from 29 October 2021, Mr. Jiang Jianqiang has resigned as the chairman of the Board, an executor director of the Company, the chairman of the nomination committee of the Board and an authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited due to his desire to devote more time to his other personal commitment. Following the resignation of Mr. Jiang, the Board would like to announce that with effect from 29 October 2021, Mr. Hua Gang, an executive Director, has been appointed as the chairman of the Board, the chairman of the Nomination Committee and an authorised representative of the Company under Rule 3.05 of the Listing Rules to fill the vacancy of Mr. Jiang.