KNK : RESIGNATION OF DIRECTOR

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KNK Holdings Limited

中國卓銀國際控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code : 8039)

RESIGNATION OF DIRECTOR

The Board announces the resignation of Ms. Sin Pui Ying as executive Director with effect from 8 January 2021.

The board of directors ("Board" or "Directors") of KNK Holdings Limited (the "Company") announces that the Board has accepted the resignation of Ms. Sin Pui Ying ("Ms. Sin") as executive Director of the Company with effect from 8 January 2021 for the reason that she requires more time to pursue her other business engagement.

Ms. Sin confirmed that she has no disagreement with the Board and there are no other matters that need to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited relating to her resignation.

The Board would like to take this opportunity to express its sincere gratitude to Ms. Sin for her valuable contribution to the Company during her tenure of service.

By order of the Board

KNK Holdings Limited

Chung Yuk Lun

Executive Director & Company Secretary

Hong Kong, 8 January 2021

As at the date hereof and after the above change, the executive Directors are Mr. Poon Kai Kit, Joe and Mr. Chung Yuk Lun; and the independent non-executive Directors are Mr. Lee Pui Chung, Ms. Lai Pik Chi, Peggy and Ms. Chan Yuk Chun.

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This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the "Latest Company Announcements" page of the GEM website at www.hkgem.com for a minimum period of 7 days from the date of its publication and on the Company's website at www.knk.com.hk.

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