The board of directors of AM Group Holdings Limited announced that Mr. Shi Lizhi has been appointed as a non-executive Director (the 'NED') with effect from 16 March 2021. Mr. Shi has about 20 years of marketing and business management experience gained from working in a number of companies of different industries in the People's Republic of China. Mr. Shi was a vice president of marketing of Osell Network Technology Information Co. Ltd. from April 2012 to March 2015, a general manager of (Daoyi Culture (Shanghai) Media Co. Ltd. from March 2015 to March 2018 and a general manager of (Sichuan Shenshibaihe Wine Co. Ltd.) from March 2018 to April 2020.