IBO Technology Company Limited announced that Mr. Lyu Huiheng has resigned as an executive Director with effect from 23 March 2021 as he would like to spend more time pursuing his business development. Mr. Lyu has confirmed that there is no disagreement with the Board and he is not aware of any matters that need to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited in relation to his resignation. The Board announced that Mr. Liang Jun has been appointed as an executive Director with effect from 23 March 2021.