51 Credit Card Inc. announced that Mr. Yang Dong has tendered his resignation as an independent non-executive Director with effect from 9 April 2020 due to work adjustment. Mr. Yang has confirmed to the Board that he does not have any disagreement with the Board and there are no other matters with respect to his resignation that needs to be brought to the attention of the shareholders of the company or The Stock Exchange of Hong Kong Limited. The company announced that Mr. Xu Xuchu has been appointed as an independent non-executive Director with effect from 9 April 2020. Mr. Yang ceased to be a member of each of the nomination committee of the Company and the Remuneration Committee and Mr. Xu has been appointed as a member of each of the Nomination Committee and the Remuneration Committee.