The board of directors of Sun.King Technology Group Limited announced that due to work arrangement, Ms. Gao Lei tendered her resignation as the deputy chairman of the Board, a non-executive Director and the chairman of the investment committee of the Board, all with effect from 1 November 2021. In view of the resignation of Ms. Gao as the chairman of the investment committee of the Board, Mr. Zhao Hang was appointed as the chairman of the investment committee of the Board with effect from 1 November 2021. The Board announces that due to work arrangement, Mr. Zhu Ming tendered his resignation as a non-executive Director and a member of the audit committee of the Board, all with effect from 1 November 2021.