Fuxing China Group Limited announced the resignation of Mr. Lim Cheng Kee as Independent Director. Role And Responsibilities were Chairman of the Audit Committee and Remuneration Committee - Member of the Nominating Committee. Job Title was Chairman of the Audit Committee and Remuneration Committee - Member of the Nominating Committee.

Reason For Cessation: Mr. Lim Cheng Kee ("Mr. Lim") has served on the Board of Directors (the "Board") of the Company for more than nine (9) years. In view of the nine-year tenure limit for Independent Directors prescribed under the Singapore Exchange Securities Trading Limited Listing Manual, Mr. Lim has decided to step down and resign upon the conclusion of the forthcoming Annual General Meeting ("AGM") of the Company to be held on 29 April 2024 to facilitate Board renewal. Following Mr. Lim's resignation, Mr. Lim shall cease to be the Chairman of the Audit Committee and the Remuneration Committee and a member of the Nominating Committee.

The Company will release an updated announcement on the updated Board and the respective Board Committees' composition when it has been finalised.