Labixiaoxin Snacks Group Limited Announces Resignation of Mr. Li Gang as Non-Executive Director

Labixiaoxin Snacks Group Limited is a China-based investment holding company principally engaged in the manufacturing and sales of snack products. The Company operates through four business segments: jelly products, confectionary products, beverages products and other snacks products. The Company’s main products are jelly products, including jelly snacks and jelly beverages. They are primarily marketed under the core brand of Labixiaoxin and the sub-brands of Eden Bar, Fresh Q and Qingmeiwuyu. The Company also marketed other products, such as powdered milk tea. The Company is also involved in the provision of management and consultancy services through its subsidiaries.