On August 12, 2022, Lvpai Group Limited announced that the existing director and officer resigned immediately. Accordingly, Yang Fuzhu, serving as a director and an officer, ceased to be the Company's Chief Executive Officer. At the effective date of the transfer, Chen Yuanhang consented to act as the new Chief Executive Officer of the Company.

Mr. Chen Yuanhang, aged 60, received his bachelor's degree from Guangxi Normal University in 1989. In 2009, he received an Executive Master of Business Administration Program in Peking University. In 1997, Mr. Chen Yuanhang founded Guangxi Chuanggu Group, operating out of Guangxi, China.

Mr. Chen Yuanhang continues to serve as the President and Director and has been responsible for encouraging business investments, while also providing leadership and strategic direction for the company. In 2002, Mr. Chen Yuanhang founded Guangxi TNKY Life Technology Group Limited and serve as the President and Director until now. He also joined the Guangdong's Association for Promotion of Cooperation between Guangdong, Hong Kong & Macao and served as Vice President in 2015.

Due to Mr. Chen Yuanhang 's over 30 years of experience in top management of various businesses, in July of 2022, the Board of Directors elected to appoint him to the positions of President, Secretary, Treasurer and Chairman of Board of Directors of the Company.