China Information Technology Development Limited — Board/Management Information 2020

Nov 12, 2020

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

==> picture [112 x 58] intentionally omitted <==

==> picture [271 x 38] intentionally omitted <==

(Incorporated in the Cayman Islands with limited liability) (Stock Code: 8178)

CHANGE OF AUTHORISED REPRESENTATIVE AND PROCESS AGENT

The board (the “ Board ”) of directors (the “ Director(s) ”) of China Information Technology Development Limited (the “ Company ”) announces that Mr. Wong Kui Shing, Danny (“ Mr. Danny Wong ”) has resigned as the authorised representative (the “ Authorised Representative ”) of the Company pursuant to Rule 5.24 of the Rules Governing the Listing of Securities on the GEM (the “ GEM Listing Rules ”) of The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) and the process agent of the Company (the “ Process Agent ”) under Part 16 of the Companies Ordinance, Chapter 622 of the laws of Hong Kong with effect from 12 November 2020 due to his other business engagements.

Mr. Danny Wong confirmed that he has no disagreement with the Board and there is no other matter relating to the above resignation that needs to be brought to the attention of the Stock Exchange and the shareholders of the Company (the “ Shareholders ”).

The Board further announces that Mr. Wong King Shiu, Daniel (“ Mr. Daniel Wong ”), the executive Director, has been appointed to fill the vacancy as the Authorised Representative and Process Agent with effect from 12 November 2020.

The Board wishes to express its appreciation to Mr. Danny Wong for his valuable contributions to the Company as the Authorised Representative and Process Agent. The Board would also like to take this opportunity to extend its warm welcome to Mr. Daniel Wong’s new role.

By order of the Board

China Information Technology Development Limited Wong King Shiu, Daniel Chairman and Chief Executive Officer

Hong Kong, 12 November 2020

– 1 –

As at the date of this announcement, the Board comprises Mr. Wong King Shiu, Daniel (Chairman and Chief Executive Officer), Mr. Wong Kui Shing, Danny and Mr. Chan Kai Leung as executive Directors; Mr. Hung Hing Man, Mr. Wong Hoi Kuen and Dr. Chen Shengrong as independent non-executive Directors.

This announcement, for which the Directors of the Company collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the GEM of The Stock Exchange of Hong Kong Limited for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will be available on the Company’s website http://www.citd.com.hk and will remain on the “Latest Listed Company Information” page of the GEM website at http://www.hkgem.com for at least 7 days from the date of its posting.

– 2 –