Universe International Financial Holdings Limited announced that Mr. Hung Cho Sing has tendered his resignation as an executive director with effect from 2 June 2017 due to his other business commitments. Following his resignation as an executive director, Mr. Hung will remain as the director of the certain subsidiaries of the Company. Mr. Hung has confirmed that he has no disagreement with the board and he is not aware of any matters that need to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited in relation to his resignation.