The board of directors of DreamEast Group Limited announced that Mr. Zhou Zhitao has tendered his resignation as an executive Director and Authorised Representative of the Company with effect from 5 February 2021 due to other business commitments. Mr. Zhou confirmed that he has no disagreement with the Board and there are no other matters that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited (the "Stock Exchange") in connection with his resignation.