TGS International Ltd. announced that on March 31, 2021, Mr. Sai Kit Leung resigned as the Secretary of TGS International Ltd. (the Company). Mr. Leung’s resignation was effective immediately. On the same day, Mr. Tak Shing Eddie Wong, resigned as the Chairman of the Board of Directors and President of the Company. Mr. Wong’s resignation as the Chairman of the Board of Directors and President was effective immediately. Prior to Mr. Leung’s and Mr. Wong’s resignations, they appointed Mr. Tao Wang (Mr. Wang) as the Company’s new Secretary. Company's director, Mr. Chi Kin Loo (Mr. Loo) is also appointed as the new Chairman of the Board of Directors and President. There were no disagreements between Mr. Leung and Mr. Wong and the Company on any matter relating to the Company’s operations, policies or practices, which resulted in their resignation. Tao Wang, age 44, shall serve from March 31, 2021. Mr. Wang has extensive knowledge and experience in finance and banking as well as abundant business network throughout People’s Republic of China (PRC). Mr. Wang has been an executive director of Guangxi Beihai Baohua Chemical Co. Ltd. since April 2017 and is responsible for the company's business marketing and M&A transactions in the energy and resource sector. Chi Kin Loo, age 52, is major shareholder prior to his appointment as a director of the Board in December 2020 and he shall serve as Chairman of the Board of Directors and President from March 31, 2021.