The board of directors of Yangzhou Guangling District Taihe Rural Micro-finance Company Limited announced that Mr. Wong Yat Tung ("Mr. Wong") has tendered his resignation as the joint company secretary of the Company (the "Joint Company Secretary") and has ceased to act as an authorised representative of the Company (the "Authorised Representative") for accepting service of process or notices in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) with effect from 30 May 2018. Reference is made to the appointment of Mr. Xu Lei ("Mr. Xu") as the other Joint Company Secretary and the waiver granted to the Company by the Stock Exchange from strict compliance with Rules 5.14 and 11.07(2) of the Rules Governing the Listing of Securities on GEM of the Stock Exchange (the "GEM Listing Rules") in relation to the eligibility of Mr. Xu to act as the Joint Company Secretary (the "Waiver") of the Company from the date of the Company's listing on GEM (i.e. 8 May 2017) to 7 May 2020 (the "Waiver Period") on the conditions that (i) Mr. Wong, who meets the requirements under Rules 5.14 and 11.07(2) of the GEM Listing Rules, is engaged as a Joint Company Secretary to assist Mr. Xu in discharging his duties and responsibilities as a Joint Company Secretary and in gaining the relevant experience as required under Rule 5.14 of the GEM Listing Rules; (ii) if Mr. Wong ceases to provide assistance to Mr. Xu during the Waiver Period, the Waiver will be revoked immediately; and (iii) at the end of the Waiver Period, the Company will notify the Stock Exchange to revisit the situation. The Board announced that Mr. Lau Kwok Yin ("Mr. Lau") has been appointed as the Joint Company Secretary and Authorised Representative in replacement of Mr. Wong with effect from 30 May 2018.