The board of directors of Tenfu (Cayman) Holdings Company Limited hereby announces that Ms. Lam Yuk Ling has tendered her resignation as the company secretary, authorized representative of the Company of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and an authorized representative for the acceptance of service of process and notices on behalf of the Company in Hong Kong under Part 16 of the Companies Ordinance, all with effect from July 19, 2021. Ms. Lam has confirmed that she has no disagreement with the Board in any respect and there is no matter relating to her resignation that needs to be brought to the attention of the shareholders of the Company or the Stock Exchange. The Board announced that Ms. Leung Shui Bing has been appointed as the Company Secretary, the Authorized Representative and the Process Agent with effect from July 19, 2021 in replacement of Ms. Lam. Ms. Leung, a manager of the Listing Services Department of TMF Hong Kong Limited, has more than 15 years of experience in company secretarial field. Ms. Leung is an associate member of The Hong Kong Institute of Chartered Secretaries and The Chartered Governance Institute in the United Kingdom. The Board would like to take this opportunity to thank Ms. Lam for her contributions during her tenure of service and extend a warm welcome to Ms. Leung on her new appointment.