The board of directors of Fu Shou Yuan International Group Limited (the 'Company', together with its subsidiaries, the 'Group') announced that Mr. CHEN Xin ('Mr. Chen') has been appointed by the Board as an independent non-executive Director and a member of the audit committee of the Company with effect from January 21, 2021. Mr. Chen, has over 20 years of experience in finance and investment industries. From 1997 to 2000, Mr. Chen successively served as assistant trade service manager, assistant banking services manager and project finance executive in The Hongkong and Shanghai Banking Corporation Limited (HSBC Group).