The board of directors of Shanghai Zendai Property Limited announced that Mr. Lau Yin Fung Terence ("Mr. Lau") has been appointed in place of Mr. Wong Ngan Hung as the company secretary of the Company and an authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and Part 16 of the Companies Ordinance (Cap. 622 of the Laws of Hong Kong) with effect from 1 May 2021. Mr. Lau is a practising solicitor in Hong Kong working at Stevenson, Wong & Co., in the field of commercial and corporate finance. Mr. Lau graduated from King's College London with a Bachelor of Laws.