Bolina Holding Co., Ltd. at the EGM held on 29 January 2021 announced removal of Zheng Zhihong, Sun Yumei, Lam Ying Choi, Donny, Zhang Shilei as executive directors and Jiang Guoxiang, Zhang Shujun and Xia Zhongping as independent non-executive directors have been approved by poll with effect from the conclusion of the EGM on 29 January 2021. At the EGM, the resolutions in relation to the appointments of Mr. Wong Lap Wai and Wong Yee Ling, Elaine as an executive directors and Choi Wai Hong, Clifford as an independent non-executive director have been approved by poll with effect from the conclusion of the EGM on 29 January 2021.