The board of directors of Wenye Group Holdings Limited announced that the following executive director and independent non-executive director of the Company have resigned from the office of directors: Mr. Wan Neng has resigned as executive Director of the Company due to personal health reason; and Mr. Liu Xiaoyi has resigned as independent non-executive Director of the Company due to personal health reason. He has also resigned as the chairman of the Remuneration Committee and as a member of the Audit Committee and the Nomination Committee of the Company.