The board of Directors of Fufeng Group Limited announced that Ms. Zheng Yu has tendered her resignation as an independent non-executive Director, and a member of the audit committee, the remuneration committee and the nomination committee of the Company with effect from 1 April 2021 due to her personal career development. Her resignation has been accepted by the Board. Ms. Zheng confirmed that she has no disagreement with the members of the Board and there is no other matter relating to her resignation that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). The Board announced that Mr. Zhang Youming ("Mr. Zhang") has been appointed as an independent non-executive Director, and a member of Audit Committee and Remuneration Committee, and Nomination Committee with effect from 1 April 2021 in order to comply with Rule 3.10A of the Rules Governing the Listing of Securities on the Stock Exchange (the "Listing Rules").