Hephaestus Holdings Limited announced the resignation of Ms. Lou Yi as an executive director of the Company. As disclosed in the Announcement, Ms. Lou has resigned as an executive director of the Company with effect from 24 May 2023. The Board announced that, following the resignation of Ms. Lou, Ms. Yip Hiu Ying, an executive director of the Company, has been appointed as an Authorised Representative of the Company in place of Ms. Lou with effect from 24 May 2023.