On May 12, 2021, the Board of Directors of Addentax Group Corp. appointed Mr. Jiangping (Gary) Xiao (Mr. Xiao") as an independent director effective on the date of the company's completion of its public offering or the listing of its ordinary shares on a national securities exchange, whichever is the later (the Effective Date"). On May 13, 2021, Mr. Li Weilin resigned as an independent director, the compensation committee member, the audit Committee member and the chairperson of the nominating and corporate governance committee of Addentax Group Corp. Mr. Li's resignation was effective immediately. Mr. Xiao will serve as the chairman of the nominating and corporate governance committee, a compensation committee member, and an audit committee member. Mr. Jiangping (Gary) Xiao, age 40, has been the vice president of finance and accounting at Hilco IP Merchant Banking since July 2019. Since December 2020, Mr. Xiao has been serving as an independent director and the chairman of the nominating and corporate governance committee of Wunong Net Technology Company Limited.