Ares International Corp. announced change of supervisor. ZENG, FU-YOU (Hong Yi Investment Co. Ltd. Representative) was replaced by LIU, YI-CHEN (Yongzheng Co. Ltd. Representative). Hong Yi Investment Co. Ltd., the original supervisor of the company, is replaced by Yongzheng Co. Ltd. due to merger and a new representative is appointed by the latter, the surviving entity. Original term were from June, 21, 2019 to June 20, 2022. The change is effective from March 31, 2020.