The board of directors of Fu Shou Yuan International Group Limited announced that Mr. Zhao Yu ("Mr. Zhao"), formerly a joint company secretary of the Company, has been appointed by the Board as the Head of "Fu Shou Home" Department and the deputy head and secretary of newly established Preneed Business Development Committee with effect from March 17, 2017. Mr. Zhao was a deputy general manager of the Company preparing for its listing until December 2013 when he took up the role of joint company secretary. Mr. Zhao had acquired over 11 years of experience in servicing the corporate finance field before that. Since joining the Company in 2009, Mr. Zhao has been focusing on the death care industry and has been involved in the formulation, development and implementation of the Company's merger and acquisition strategies.