The board of directors of China Fordoo Holdings Limited announced that Mr. Ma Yu-heng has been appointed as an independent non-executive Director and a member of audit committee of the Company, with effect from 16 March 2022. Mr. Ma, aged 52, has experience in financing, banking and corporate finance for over 24 years. Since September 2018, Mr. Ma has been the chief financial officer and vice president of China Grand Star Luxury Cars Investment Holdings Limited.