The board of directors of Powerlong Commercial Management Holdings Limited announced that Ms. Chan Pung Fei who is a joint company secretary of the company, has resigned as the Manager of Corporate Services of Vistra Corporate Services (HK) Limited, which is the external corporate services provider of the company. As a result of the aforesaid resignation, Ms. Chan ceased to act as (i) a Joint Company Secretary; (ii) an authorized representative of the Company (the "Authorized Representative") pursuant to Rule 3.05 of the Rules (the "Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange"); and (iii) an authorized representative of the Company to accept service of process and notices on behalf of the Company in Hong Kong as required under Rule 19.05(2) of the Listing Rules and Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the "Process Agent") with effect from 18 December 2020. Following the cessation of Ms. Chan to act as a Joint Company Secretary, the Board announced that Ms. Suen Pui Chun Hannah ("Ms. Suen") has been appointed as a Joint Company Secretary, the Authorized Representative and the Process Agent with effect from 18 December 2020. Ms. Suen is currently a Manager of Corporate Services of Vistra Corporate Services (HK) Limited. She has over thirteen years of experience in providing company secretarial services to numerous private and listed companies. She is currently the company secretary of Peijia Medical Limited, a company listed on the Main Board of the Stock Exchange (stock code: 9996), the joint company secretary of Ocumension Therapeutics, a company listed on the Main Board of the Stock Exchange (stock code: 1477) and Akeso Inc., a company listed on the Main Board of the Stock Exchange (stock code: 9926). Ms. Suen obtained a Master of Corporate Governance from The Open University of Hong Kong and a Bachelor of Arts (Hons) in Translation and Interpretation from The City University of Hong Kong. She has been an associate member of The Hong Kong Institute of Chartered Secretaries and an associate member of The Chartered Governance Institute in United Kingdom since 2019.