Reference is made to the PPS International (Holdings) Limited announcement dated 27 March 2020 in relation to the loan facility agreement entered into between the Lender and the borrower, pursuant to which the Lender agreed to grant the borrower the loan facility of in the amount of RMB 7,000,000 (equivalent to approximately HKD 7,705,941 as at 27 March 2020) which is interest bearing at 18% per annum, available for a period of 12 months from the date of the loan facility agreement and secured by the share charge. The board announced that on 24 December 2020 (after trading hours of the Stock Exchange), the lender entered into the supplemental agreement with the borrower. Pursuant to the supplemental agreement, the lender has conditionally agreed to increase the loan facility amount from RMB 7,000,000 (equivalent to approximately HKD 8,302,988 as at the date of this announcement) to RMB 10,000,000 (equivalent to approximately HKD 11,861,411 as at the date of this announcement). Save for the above revised term, all other terms and provisions of the loan facility agreement remain unchanged and in full force and effect.