The board of directors of Rich Goldman Holdings Limited announced that with effect from 24 July 2019, Mr. Danny Xuda Huang has resigned as an executive Director and the chairman of the Board in order to handle his family affairs. Following the resignation of Mr. Huang as an executive Director, he ceased to be the chairman of the nomination committee of the Company with effect from 24 July 2019. Mr. Huang has confirmed that he has no disagreement with the Board and there are no other matters in relation to his resignation that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. The Board announced that with effect from 24 July 2019, Mr. Lin Chuen Chow, Andy, an executive Director, has been appointed as the chairman of the Board and the chairman of the Nomination Committee.