The board of directors of Modern Chinese Medicine Group Co., Ltd. announced that Ms. Lau Ching Sze ("Ms. Lau") has resigned as the company secretary of the Company, and ceased to act as the agent for the service of process and notices on behalf of the Company in Hong Kong as required under Rule 19.05(2) of the Rules Governing the Listing of Securities Listing Rules (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") and an authorised representative of the Company for the purpose of Rule 3.05 of the Listing Rules, with effect from 27 May 2021. Ms. Lau confirmed that she has no disagreement with the Board and there is no matter relating to her resignation that needs to be brought to the attention of the Hong Kong Stock Exchange and/or the shareholders of the Company. Following the resignation of Ms. Lau, the Board announces that Ms. Leung Kwan Wai ("Ms. Leung") has been appointed in replacement of Ms. Lau to act in the following capacities, with effect from 27 May 2021: company secretary; agent for the service of process and notices on behalf of the Company in Hong Kong as required under Rule 19.05(2) of the Listing Rules; and authorised representative pursuant to Rule 3.05 of the Listing Rules. Ms. Leung possesses more than 15 years of experience in the company secretary profession. She is familiar with the Listing Rules of the Hong Kong Stock Exchange, the Companies Ordinance as well as compliance work for offshore companies. She is now a Manager of Corporate Services of Tricor Services Limited and has been providing corporate secretarial and compliance services to Hong Kong listed companies as well as multinational, private and offshore companies.