Youyuan International Holdings Limited announced that on 29 November 2019, the Provisional Liquidators received resignation letters tendered by each of Mr. Cao Xu and Mr. Zhang Guoduan. Mr. Cao resigned as executive director of the Company with effect from 29 November 2019 due to his relocation for development. Mr. Zhang resigned as executive director of the Company with effect from 29 November 2019 due to his personal development.