The board of directors of Hang Yick Holdings Company Limited announced that Mr. Zhang Chen has tendered his resignation letter to the Board to resign as a non-executive Director of the Company as he would like to focus on his other work commitments with effect from 31 December 2020. Mr. Zhang has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that shall be brought to the attention of the shareholders of the Company.