The board of directors of Farnova Group Holdings Limited (the Company, together with its subsidiaries, (the Group) announced that Ms. Wu Hong (Ms. Wu) has been appointed as an independent non-executive director of the Company, a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee with effect from 4 March 2021. Ms. Wu is currently working with Shenzhen Lihe Family Office Consulting Company Limited as general manager. Ms. Wu has many years of experience in the financial industry, who is familiar with the business operation of the financial industry. Ms. Wu is also good at refining and summarizing complex information.