The Board of Directors of Hoifu Energy Group Ltd. announced that Mr. Hui Ngok Lun has been appointed as an executive director and a deputy general manager of the Company with effect from 16 July 2020. Mr. Hui is currently the Managing Director of Longyuan Xintiandi Real Estate Investment Co. Ltd. and the General Manager of Siberian Petroleum Group Co. Ltd. Mr. Hui is also a Member of the Henan Provincial Committee of the Chinese People's Political Consultative Conference, the Vice Chairman of Hong Kong CPPCC Youth Federation, the Vice Chairman of Hong Kong Volunteers Federation Foundation, the Deputy Director of Hong Kong International Poverty Alleviation Foundation, and the Vice Chairman of Hong Kong General Association of International Investment Youth Association.