Effective September 3, 2018, Adamant DRI Processing and Minerals Group accepted the resignation of Zhenting Deng from the Board of Directors of the Company and from his position as Chief Financial Officer of the Company. There were no disagreements between the Company and Mr. Deng which led to his resignation. On September 3, at the request of the Company Changkui Zhu resigned from his position as President/Chief Executive Officer of the Company.

Concurrently with the resignation of Mr. Zhu, the Company appointed Ethan Chuang as a member of the board of directors of the Company and as the President and Chief Financial Officer of the Company. Ethan Chuang served as a director of Aixin Life International Inc. from January to December 2017 and as President and Chief Executive Officer of Aixin from January 2016 to February 2, 2017.