The board of directors of China Demeter Financial Investments Limited announced that due to reallocation of responsibilities amongst the Group's management, with effect from 1 December 2020: Mr. Lam Chun Kei, an executive Director, has ceased to be one of the authorized representatives of the Company pursuant to Rule 5.24 of the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited; and Mr. Ng Ting Ho, executive Director, has been appointed as Authorized Representative.