The board of directors of Sheen Tai Holdings Group Company Limited announced that due to his other personal commitments, Mr. Fong Wo, Felix ("Mr. Fong") has tendered his resignation as an independent non-executive Director and a member of the audit committee of the Company with effect from 29 May 2020. Mr. Fong confirmed that he has no disagreement with the Board, nor is there any matter in relation to his resignation that should be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited.