The Board of Directors of Far East Horizon Limited announced that the Board has considered and approved the resolution regarding the establishment of an Environmental, Social and Governance Committee and the appointment of the members of the ESG Committee on 31 August 2021. The ESG Committee has been officially established since 31 August 2021 and will assist the Board in reviewing and monitoring the environmental, social and governance policies and practices of the Company. The Board also announces that Mr. HAN Xiaojing and Mr. John LAW have been appointed as the members of the ESG Committee, and Mr. CAI Cunqiang has been appointed as the chairman of the ESG Committee with effect from 31 August 2021.