The board of directors of China South City Holdings Limited announces that Mr. Lei Ming has tendered his resignation as a Non-Executive Director of the Company due to personal works arrangement with effect from 10 August 2022. Mr. Lei confirmed that he has no disagreement with the Board and there is no other matter that needs to be brought to the attention of the shareholders of the Company nor The Stock Exchange of Hong Kong Limited in relation to his resignation. The Board would like to take this opportunity to express its sincere gratitude to Mr. Lei for his contribution to the Group during his tenure of office.

In accordance with Articles of the Company, Mr. Lei Ming originally required to retire from office by rotation and be eligible for re-election at the forthcoming Annual General Meeting. Since Mr. Lei resigned as the Non-Executive Directors of the Company, the contents related to the election of Mr. Lei as mentioned in circular of the Company dated 27 July 2022 and the resolution 3(d) as mentioned in the form of proxy for the purpose of the AGM are no longer applicable. The Company will not put forward such resolution for consideration and approval by the shareholders of the Company in the AGM.

Other than changes mentioned above, all other information contained in the AGM Circular shall remain unchanged, while the Form of Proxy shall also remain valid and can be used by shareholders of the Company for the purpose of the AGM.