The board of directors of AM Group Holdings Limited announced that Mr. Mu Lei has been appointed as an executive Director with effect from 29 January 2021. Mr. Mu, aged 41, has over 15 years of management and internet/e-business experience gained from working in a number of companies of different industries in the People's Republic of China (the ``PRC''), which included tourism, living service, health care and supply chain finance. Mr. Mu joined Show Times (Chongqing) Technology Co. Ltd.