The board of directors of Fu Shou Yuan International Group Limited announced that Ms. Wu Jianwei has resigned as an independent non-executive Director and the chairman of the compliance committee of the company with effect from November 29, 2019 in order to devote more time to her other work commitments. The Board further announced that Ms. Liang Yanjun has been appointed by the Board as an independent non-executive Director and the chairman of the Compliance Committee with effect from November 29, 2019. Ms. Liang, aged 36, has over 13 years of experience in legal service and many years of relevant experience in securities and capital markets. Prior to joining the Group, Ms. Liang worked as legal assistant in Beijing Zhongke Fuqiao Technology Co. Ltd. from August 2006 to November 2007, CEO assistant in Global Energy Investment Co. Ltd. from December 2007 to February 2009, assistant of the minister in exchange department of China Center for International Economic Exchanges from March 2009 to February 2012, a lawyer in Beijing Jingtian & Gongcheng from December 2010 to May 2016, lawyer and kernel group member in Beijing Maode Attorneys At Law from 2016 to March 2019, an independent non-executive director in Shanghai Dongzheng Automotive Finance Co. Ltd. from August 2018 to present, a partner-level lawyer in B&D Law Firm from April 2019 to August 2019 and a partner-level lawyer in Javy Tayn Lawyers from September 2019 to present. Ms. Liang obtained a bachelor's degree in the science of law from China University of Political Science and Law in June 2005.