Beijing North Star Company Limited announced that at the the EGM held on 20 October 2020 approved the election of Mr. GAN Peizhong as the Company's Independent Non-Executive Director of the Eighth Session of the Board of the Company. Mr. DONG An-Sheng resigned as the independent non-executive Director for the eighth session of the Board and the member of the audit committee, the nomination committee, the remuneration and evaluation committee and the strategic committee under the Board for the reason of personal health from the date of the EGM. Mr. DONG An-Sheng has confirmed that he has no disagreement with the Board and there is no other matter relating to his resignation that needs to be brought to the attention of the Shareholders. Mr. GAN Peizhong's term of office commences on the date on which the election is effective at the EGM and ends at the expiration date of the term of office of the eighth session of Board.