The board of directors of Ta Yang Group Holdings Limited announced that Mr. Liu Wengang has been appointed as an executive Director with effect from 26 August 2020. Mr. Liu has also been appointed as a member of the Executive Committee of the Board with effect from 26 August 2020. Mr. Liu served as the Chief Investment Officer and an executive director of Bisu Technology Group International Limited from 1 November 2019 to 20 August 2020. Mr. Liu, the newly appointed Chief Executive Officer and executive Director, has been appointed as an authorised representative of the company under Rule 3.05 of the Listing Rules, in replacement of Ms. Shi with effect from 26 August 2020.