Kiu Hung International Holdings Limited Resignation of Lai Yee Man as Executive Director

Kiu Hung International Holdings Ltd is an investment holding company principally engaged in the manufacturing and trading of toys and gifts items. The Company operates its business through five segments. The Toys and Gift Items segment is engaged in the manufacturing and trading of toys and gifts items. The Fruit Plantation segment is engaged in the investment in fruit plantation-related businesses through its associates and operation of tangerine plantation business on the forest land. The Leisure segment is engaged in the distribution of tea related products, manufacturing and distribution the yellow wine products as well as outbound tourism related business. The Culture segment acquires certain pieces of Jingdezhen contemporary ceramics including ceramic vases and plates. The Exploration segment is engaged in the exploration of natural resources, mainly in the coal mining.