The board of directors of KuangChi Science Limited announced that Dr. Liu Jun ("Dr. Liu") has resigned as an Independent Non-executive Director, and as a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee of the Company with effect from 27 July 2020, due to his wish to focus on other business engagement. Following the resignation of Dr. Liu, Dr. Deng Ke ("Dr. Deng") has been appointed as an Independent Non-executive Director of the Company to fill the casual vacancy to the Board with effect from 27 July 2020.