Shen You Holdings Limited at its AGM held on June 26, 2020, As the resolution for the re-election of Mr. Gao as a non-executive Director was not passed by the Shareholders at the AGM, Mr. Gao has duly retired from his appointment as a non-executive Director, effective from the conclusion of the AGM. As the resolution for the re-election of Mr. Zhang as an independent non-executive Director was not passed by the Shareholders of the AGM, Mr. Zhang has duly retired from his appointment as an independent non-executive Director, effective from the conclusion of the AGM. Following the retirement of Mr. Zhang as an independent non-executive Director, he also ceased to be a member of each of the audit committee, the nomination committee and the remuneration committee of the Company. The Board also announced that each of Mr. Chan Tsun Choi, Arnold and Mr. Chow Chin Hang, Joel has been appointed as a member of each of the audit committee, the nomination committee and the remuneration committee of the Company all with effect from 26 June 2020.