The board of directors of Grandshores Technology Group Limited announce that, with effect from 1 March 2021, Ms. Yu Zhuochen has been appointed as a non-executive Director. Ms. Yu is a director of a non-wholly owned subsidiary of the Company, Zhejiang Taihuotong Cultural Communication Co. Ltd. Ms. Yu has entered into a letter of appointment with the Company shall hold office until the first general meeting of the Company after her appointment and be subject for a term of three years.