The board of directors of Core Economy Investment Group Limited announced that Mr. CHAN Cheong Yee (" Mr. CHAN") has tendered his resignation as an executive Director with effect from 15 June 2021 due to his personal commitments on his other business. The Board further announces that Mr. LIANG Qianyuan ("Mr. LIANG") has tendered his resignation as a non-executive Director with effect from 15 June 2021 due to his personal commitments on his other business. The Board announced that Ms. LIU Li ("Ms. LIU") has been appointed as a non-executive Director with effect from 15 June 2021. Ms. LIU, aged 30, is a merchant having business and investment in the People's Republic of China (the "PRC"). Ms. LIU currently is the executive director, substantial shareholder and legal representative of Zhongqing Keji Shiye Development Limited.