VCREDIT Holdings Limited announced that Ms. Shen Jing shall resign as a non-executive director of the Company with effect from 8 December 2020. Ms. Shen has advised the Board of her wish to resign from her position with the Company and devote her time to other business commitments. The Board is not aware of any matters relating to the resignation of Ms. Shen that need to be brought to the attention of shareholders of the Company.