The board of directors of Hi Sun Technology (China) Limited announced that Mr. Li Heguo (‘Mr. Li’) has been appointed as an independent non-executive director and a member of the audit committee of the Company with effect from 20 July 2021. From July 1992 to June 2007, Mr. Li worked for China Baoan Group Co., LTD., and its subsidiaries, including Beijing Heng-Feng Real Estate Development of Company Limited which Mr. Li served as the President and General Manager during the aforementioned period. Mr. Li has over 27 years of experience in corporate management and strategic development. Mr. Li is currently serving as the General Manager in strategic development department of Fu Shou Yuan International Group Limited. Mr. Li has entered into an appointment letter with the Company for an initial term from 20 July 2021 to 18 April 2022, subject to early termination in certain circumstances as stipulated in the appointment letter. Mr. Li is also subject to retirement by rotation and re-election in accordance with the bye-laws of the Company.