Prosperity International H K : CHANGE OF COMPANY SECRETARY AND AUTHORISED REPRESENTATIVE

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PROSPERITY INTERNATIONAL HOLDINGS (H.K.) LIMITED

昌 興 國 際 控 股（ 香 港 ）有 限 公 司*

(Incorporated in Bermuda with limited liability)

(Provisional Liquidators Appointed)

(For Restructuring Purposes)

(STOCK CODE: 803)

CHANGE OF COMPANY SECRETARY AND

AUTHORISED REPRESENTATIVE

The board of directors (the ''Board'') of Prosperity International Holdings (H.K.) Limited (the ''Company'') hereby announces that Mr. Kong Siu Keung (''Mr. Kong'') has tendered his resignation as the company secretary of the Company (the ''Company Secretary'') and will cease to act as the authorized representative of the Company (the ''Authorized Representative'') for the purpose of Rule 3.05 of the Rules Governing the Listing of Securities (the ''Listing Rules'') on The Stock Exchange of Hong Kong Limited (the ''Stock Exchange''), with effect from 31 July 2020 due to other business commitments.

Mr. Kong has confirmed to the Board that he has no disagreement with the Board and that there is no matter in relation to his resignation that needs to be brought to the attention of the Stock Exchange and the shareholders of the Company.

Following the resignation of Mr. Kong, the Board is pleased to announce that Ms. Sun Shui (''Ms. Sun'') has been appointed as the Company Secretary with effect from 31 July 2020. Ms. Sun is a member of The Hong Kong Institute of Chartered Secretaries and The Institute of Chartered Secretaries and Administrators. Ms. Sun obtained an Honours Bachelor of Business Administration degree from University of Lincoln, a Master of Corporate Governance degree from The Hong Kong Polytechnic University and a Juris Doctor degree from City University of Hong Kong. Ms. Sun has over 19 years' experience in corporate secretarial, corporate governance and compliance matters.

The Board further announces that Mr. Xie Qiangming, an executive director of the Company, has been appointed as an Authorised Representative pursuant to Rule 3.05 of the Listing Rules with effect from 1 August 2020 in place of Mr. Kong.

• for identification purpose only

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The Board would like to express its sincere gratitude to Mr. Kong for his valuable contribution to the Company and to welcome Ms. Sun on her new appointment.

By order of the Board

Prosperity International Holdings (H.K.) Limited

(Provisional Liquidators Appointed)

(For Restructuring Purposes)

Wong Ben Koon

Chairman

Hong Kong, 31 July 2020

As at the date of this announcement, the executive Directors are Mr. Wong Ben Koon (Chairman), Ms. Gloria Wong, Mr. Xie Qiangming (Chief Executive Officer), Mr. Nie Qiaoming and Mr. Ma Xin; and the independent non-executive Directors are Mr. Zhao Gen, Mr. Guan Guisen and Mr. Yan Xiaotian.

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