The board of directors (the "Directors") of China Sandi Holdings Limited (the "Company") announced that Ms. Siu Wing Kit ("Ms. Siu") has tendered her resignation as the company secretary of the Company with effect from 25 May 2022. Ms. Siu confirmed that there is no disagreement with the Board and there are no other matters relating to her resignation that need to be brought to the attention of the shareholders of the Company. The Board further announces that Ms. Chow Yuk Yin, Ivy ("Ms. Chow") has been appointed to replace Ms. Siu as the company secretary of the Company with effect from 25 May 2022.

Ms. Chow is currently a Director of Corporate Services of Tricor Services Limited. She is a Fellow of both The Hong Kong Chartered Governance Institute (formerly known as The Hong Kong Institute of Chartered Secretaries) and The Chartered Governance Institute (formerly known as The Institute of Chartered Secretaries and Administrators) in the United Kingdom as well as an Ordinary Member of the Hong Kong Securities and Investment Institute. Ms. Chow has over 20 years of work experience in the field of corporate secretarial and regulatory compliance services.