The board of directors of Shougang Concord Century Holdings Limited announced that Mr. Tang Cornor Kwok Kau has resigned as the executive director and deputy managing director of the Company with effect from 30 November 2020 due to change of work arrangement. Following Mr. Tang's resignation, he has ceased to be an authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. The Board further announced that Mr. Su Fanrong, the chairman and managing director of the Company, has been appointed as the Authorised Representative with effect from 30 November 2020.