The board of directors of Perfect Group International Holdings Limited announced that Mr. He Dingding has resigned as the non-executive Director and was appointed as the deputy chief executive officer of the company effective from 1 March 2018 due to the change of his work arrangement in the company. Mr. He also ceased to act as a member of the audit committee of the company effective from 1 March 2018. The Board announces that Mr. Fan Chor Ho was appointed as a member of the audit committee of the company effective from 1 March 2018.