The board of directors of China Overseas Nuoxin International Holdings Limited announced that Mr. Ma Yu-heng () ("Mr. Ma") is appointed as an independent non-executive Director ("INED"), with effect from 20 July 2023. Mr. Ma, aged 53, has experience in financing, banking and corporate finance for over 25 years. Since March 2022, Mr. Ma has been the independent non-executive director of China Anchu Energy Storage Group Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited.

Since September 2022, Mr. Ma has been the chief financial officer of Guardforce AI Co. Ltd., a company listed on the NASDAQ in the United States of America. From 25 May 2022 to 21 April 2023, Mr. Ma acted as an independent non-executive director of China U-Ton Future Space Industrial Group Holdings Ltd., a company formerly listed on the Main Board of the Stock Exchange.

Mr. Ma is currently a member of CPA Australia. Mr. Ma graduated from Soochow University, Taiwan in June 1993 with a bachelor's degree in business administration in business mathematics. He also obtained a master's degree in business administration from Da-Yeh University, Chung Hua, Taiwan () in June 1995.