The Joint and Several Liquidators (the Liquidators) of Tian Shan Development (Holding) Limited (the Company) received a notice of resignation from Mr. Cheung Ying Kwan (Mr. Cheun) on 30 June 2023 and hereby announces that, with effect from 5 October 2022, Mr. Cheung has resigned as an independent non-executive Director, the chairman of the audit committee and a member of the nomination committee and a member of the remuneration committee of the Company due to his decision to other business and personal commitment. Mr. Cheung confirmed that there is no disagreement with the Board of the Company and that there is no matter relating Mr. Cheung's resignation which should be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited (the Stock Exchange).