Dongyue Group Limited announced that (i) Mr. Liu Chuanqi has resigned as executive Director and member of the Corporate Governance Committee; and (ii) Mr. Yue Rundong has resigned as independent non- executive Director and member of the Audit Committee and the Risk Management Committee, both with effect from 11 March 2021. The Board further announces that (i) Mr. Wang Weidong has been appointed as executive Director and member of the Corporate Governance Committee; and (ii) Mr. Ma Zhizhong has been appointed as independent non-executive Director and member of the Audit Committee and the Risk Management Committee, both with effect from 11 March 2021.