The board of directors of Inno-Tech Holdings Limited announced that Mr. Tsang Chun Kit (`Mr. Tsang') has resigned as an Independent Non-executive Director, chairman of the audit committee and member of each of nomination committee and remuneration committee of the Company with effect from 15 August 2019. Mr. Tsang has confirmed that he has no disagreement with the Board and that there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. Reference is made to the announcement of Inno-Tech Holdings Limited (the ‘Company’, together with its subsidiaries, the ‘Group’') dated 28 June 2019 in relation to appointment of Mr. Tsang Ho Yin (`Mr. Tsang') as an Independent Non-Executive Director and a member of each of the audit committee and nomination committee of the Board. In addition, the board of directors is also pleased to announce that Mr. Tsang has been appointed as member of remuneration committee of the Board with effect from 15 August 2019.