The board of directors (the ``Directors'') of China Fordoo Holdings Limited (the ``company'') announced that Mr. Tong Xin has been appointed as an executive Director and the general manager of the Company, with effect from 30 September 2020. Mr. Tong has entered into a service agreement with the Company as an executive Director and general manager for a term of three years commencing from 30 September 2020, which may be terminated by either the Company or Mr. Tong by giving at least three months written notice or otherwise in accordance with the terms of the service agreement.