The board (the "Board") of directors of AUX International Holdings Limited announced that the Board has resolved to appoint Mr. Zheng Jian Jiang ("Mr. Zheng") as an executive Director, whose appointment will take effect on 1 January 2024. Mr. Zheng Jian Jiang aged 62, is the founder and currently the chairman of the board of AUX Group Co. Ltd. a conglomerate with business in manufacturing of electrical and household appliance, health care and finance investment and an executive director of Ningbo Sanxing Medical Electric Co.

Ltd. a joint stock limited liability company established in the PRC, the issued shares of which are listed on the Shanghai Stock Exchange. Mr. Zheng is a senior economist of the PRC. Mr. Zheng is a controlling shareholder, interested through his controlled corporations in 337,950,000 shares of the Company, representing approximately 68.55% of the Company's total issued share capital.

Mr. Zheng is the brother of Mr. Zheng Jiang, the chairman of the Board and an executive Director. Mr. Zheng has entered into a service agreement with the Company for a term of three years with effect from 1 January 2024. He shall hold office until the next following general meeting of the Company and shall then be eligible for re-election, and is also subject to retirement by rotation and re-election at annual general meetings of the Company in accordance with the articles of association of the Company and the Listing Rules.