The board of directors of Silver Grant International Holdings Group Limited announced that Mr. Huang Jiajue has tendered his resignation as an executive Director, an authorised representative of the Company under Rule 3.05 of the Rules (Listing Rules) Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (Stock Exchange) and a member of the remuneration committee of the Board (Remuneration Committee), with effect from 1 August 2021, due to his other commitments which require more of his time. Following Mr. Huang's resignation, with effect from 1 August 2021, (i) Mr. Chu Hing Tsung (alias Zhu Qing Yi), the chairman of the Board, will be re-designated from a non-executive Director to an executive Director, and appointed as an Authorised Representative; (ii) Mr. Wang Ping, an executive president of the Company, will be appointed as an executive Director; and (iii) Mr. Luo Zhihai, an executive Director, will be appointed as a member of the Remuneration Committee. Mr. Chu, aged 52, was appointed as a non-executive Director, the Chairman and the chairman of the nomination committee of the Board with effect from 29 January 2019. Mr. Chu is the chairman and an executive director of Zhuguang Holdings Group Company Limited. Mr. Wang, aged 64, has been appointed as the executive president of the Company since 2019 and is responsible for the management of various departments of the Group, including the administrative department, the human resources department, the risk management department and the legal department. Mr. Wang is also a director of certain subsidiaries of the Company.