The board of directors of Aoyuan Healthy Life Group Company Limited announced that Mr. Chen Zhibin has tendered his resignation and will cease to act as the non-executive Director with effect from 29 January 2021 due to his other work commitments. Following Mr. Chen's resignation, the Board announced that Mr. Ruan Yongxi has been appointed as a non-executive Director with effect from 29 January 2021 and is responsible for providing advice on the overall management and strategic planning to the Board. Mr. Ruan is currently an assistant to the president of China Aoyuan Group Limited.