The board of directors of Top Spring International Holdings Limited announced that with effect from 5 August 2019, Mr. CHEN Zhi Xiang (Mr. Chen) has resigned as an executive Director in order to study in the United States of America. The Board also announced that Mr. LIANG Rui Chi (Mr. Liang) has been appointed as an executive Director with effect from 5 August 2019. Mr. Liang joined the Group in February 2006 and worked as the general manager of operations management department, strategic investment department and Water Flower Property Development Co. Ltd. of the Group, and a director of several subsidiaries of the Company. He was appointed as the assistant president of the Group and the general manager of the Guangdong regional branch in February 2014, and then left the Group in April 2015 due to personal reason. He rejoined the Group and was appointed as the executive vice president of the Group in April 2019.