Freeman FinTech : RESIGNATION OF EXECUTIVE DIRECTOR, CHIEF EXECUTIVE OFFICER AND AUTHORISED REPRESENTATIVE AND CHANGE OF AUTHORISED REPRESENTATIVE

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited ("Stock Exchange") take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

FREEMAN FINTECH CORPORATION LIMITED

(Provisional Liquidators Appointed)

民 眾 金 融 科 技 控 股 有 限 公 司

(已委任臨時清盤人)

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 279)

RESIGNATION OF EXECUTIVE DIRECTOR, CHIEF EXECUTIVE OFFICER AND AUTHORISED REPRESENTATIVE AND CHANGE OF AUTHORISED REPRESENTATIVE

This announcement is made pursuant to Rule 13.51(2) of the Rules Governing the Listing of Securities of the Stock Exchange (the "Listing Rules").

RESIGNATION OF EXECUTIVE DIRECTOR, CHIEF EXECUTIVE OFFICER AND AUTHORISED REPRESENTATIVE

Mr. Wong Xiang Hong ("Mr. Wong") has resigned as an Executive Director, Chief Executive Officer and an authorised representative of Freeman FinTech Corporation Limited (the "Company") with effect from 16 March 2020 as he wishes to devote more time to pursue other career opportunities.

Mr. Wong confirmed that there is no disagreement with the Board and there are no matters that need to be brought to the attention of the Stock Exchange and the shareholders of the Company.

APPOINTMENT OF AUTHORISED REPRESENTATIVE

Mr. Ye Ye ("Mr. Ye"), an Executive Director of the Company and Chairman of the Board has been appointed as an authorised representative of the Company with effect from 16 March 2020.

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CONTINUED SUSPENSION OF TRADING

Trading in the shares of the Company on the Stock Exchange has been suspended with effect from 1:12 p.m. on 28 February 2020 and will remain suspended until further notice.

For and on behalf of

Freeman FinTech Corporation Limited

(Provisional Liquidators Appointed)

Lai Kar Yan (Derek)

Ho Kwok Leung Glen

Joint and Several Provisional Liquidators acting as agents without personal liability

Hong Kong, 17 March 2020

As at the date of this announcement, the Board comprises the following Directors:-

Executive Directors:	Independent Non-executive Directors:
Mr. Ye Ye (Chairman)	Mr. An Dong
Mr. Yang Haoying	Mr. Fung Tze Wa
	Mr. Wu Keli

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