The board of directors of Hang Pin Living Technology Company Limited announced that Mr. Ma Jun has resigned as an executive Director and ceased to be the chief operating officer of the Company with effect from 24 December 2019 in order to devote more time on his other business commitment. Mr. Ma has confirmed that he does not have any disagreement with the Board and that there are no other matters relating to his resignation which needs to be brought to the attention of the shareholders of the Company. The Board is announced the appointment of Mr. Situ Shilun as an executive Director and chief operating officer of the Company with effect from 24 December 2019.