The board of the directors of Zhuoxin International Holdings Limited announced that Mr. Li Shiu Ki, Ernest has tendered his resignation as independent non-executive Director and ceased to act as chairman of the remuneration committee, member of each of the audit committee and the nomination committee of the Company with effect from 10 January 2020 due to his personal commitments. Mr. Li has confirmed that he has no disagreement with the Board and there are no matters relating to his resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company.