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Mountain China Announces Resignation of Director

Vancouver, British Columbia--(Newsfile Corp. - May 12, 2020) - ,Mountain China Resorts (Holding) Limited (TSXV: MCG) (the "Company" or "Mountain China") wishes to announce that Mr. Che Yin (Frank) Tsui has resigned as a director of the Company.

"We appreciate Mr. Trui's many valuable contributions to the Company over the past few years," said Han Gang, the Chief Executive Officer and a director of the Company. "We wish Mr. Tsui well in his future endeavors."

On behalf of Mountain China Resorts (Holding) Limited

"SIGNED"
Mr. Han Gang
Chief Executive Officer and Director
Tel: 0086-10-66420868
Email: Investor_relations@mountainchinaresorts.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/55779