The board of directors of Wisdom Sports Group announced that Ms. Hao Bin, one of the joint company secretaries of the company, is qualified to act as the company secretary. The company announced that Ms. Chan Sau Ling has tendered her resignation as a joint company secretary of the company and ceased to act as an authorized representative of the company. Following the resignation of Ms. Chan, Ms. Hao will act as the sole company secretary of the company. The board announced that Mr. Sheng Jie, an executive director of the company and the vice-chairman of the Board, has been appointed as an authorized representative of the company with effect from 30 December 2019.