The board of directors of China Art Financial Holdings Limited announced that Mr. Wong Hong Tak Hagan ("Mr. Wong") has resigned from his position as Company Secretary of the Company and ceased to be an authorized representative of the Company due to other business commitments with effect from 13 April 2021. Ms. Li Yuen Shan ("Ms. Li") has been appointed as the Company Secretary, the Authorised Representative and the Process Agent of the Company with effect from 13 April 2021.