The board of directors of Kong Sun Holdings Limited announced that Mr. Miu Hon Kit (Mr. Miu) has tendered his resignation as an independent non-executive director of the company, and cease to be the chairman of the audit committee and the member of the nomination committee and the remuneration committee of the company with effect from 14 May 2020 in order to devote more time on his personal matters. Mr. Miu has confirmed that there is no disagreement with the Board. Upon resignation of Mr. Miu as the chairman of the Audit Committee, Ms. Wu Wennan has been appointed as the chairman of the Audit Committee with effect from 14 May 2020.