The board of directors of CWT International Limited announced that in order to devote more time to other business commitments, Mr. Chen Chao ("Mr. Chen") has resigned as an executive Director of the Company with effect from 29 July 2021, and he ceased to act as a member of the remuneration committee the Board (the "Remuneration Committee"). Mr. Chen has confirmed that he has no disagreement with the Board and there is no other matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company (the "Shareholders"). The Board also announced that in order to devote more time to other business commitments, Ms. Chen Lihua ("Ms. Chen") has resigned as an independent non-executive Director of the Company (the "Independent Non-executive Director") with effect from 29 July 2021. Ms. Chen has confirmed that he has no disagreement with the Board and there is no other matter relating to her resignation that needs to be brought to the attention of the Shareholders. The cessation of Mr. Chen as a member of the Remuneration Committee, the Board announced that Mr. Zhang Can ("Mr. Zhang"), currently an Executive Director, the chairman of the Board (the "Chairman") and the chief executive officer of the Company (the "Chief Executive Officer"), has been appointed as a member of the Remuneration Committee with effect from 29 July 2021. The Board welcomes Mr. Zhang on his new appointment. The Board further announces that with effect from 29 July 2021: Considering that Mr. Cheung Kwok Kuen, Alan ("Mr. Cheung") has recently indicated to the Company of his resignation from the role of the Company Secretary, he has ceased to act as the company secretary of the Company (the "Company Secretary") and an authorised representative of the Company (the "Authorised Representative") for the purpose of Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited; and Mr. Lau Lap Ngai ("Mr. Lau") has been appointed as the Company Secretary and an Authorised Representative. Mr. Lau holds a master degree of international accounting from The City University of Hong Kong, and is a member of both The Hong Kong Institute of Chartered Secretaries and The Chartered Governance Institute in the United Kingdom. He acted as the Company Secretary/joint Company Secretary from 2014 to 2019 and remained in the company secretarial team of the Company as a supporting role thereafter. Mr. Lau has over twenty years of company secretarial experience.