The board of directors Aoyuan Healthy Life Group Company Limited announced that Mr. Miao Sihua has tendered his resignation and will cease to act as the executive Director with effect from 7 January 2021 due to his other work commitments. Mr. Miao will be redesignated as a senior adviser of the Company following his resignation as an executive Director. Following Mr. Miao's resignation, the Board announced that Mr. Zheng Wei has been appointed as an executive Director with effect from 7 January 2021. Mr. Zheng has more than 15 years of experience in the fields of technology research and development, operations management and internet communications and has been focusing on advanced technological innovations and operations. He joined China Aoyuan Group Limited.