Heyu Biological Technology Corporation announced that as stipulated in the Share Exchange Agreement, on August 21, 2023, Zengqiang Lin was appointed as the Chief Executive Officer, in addition to his position as a Director of the Board of the Company. Mr. Zengqiang Lin, 27, has been director since February 17, 2023, and in connection with the acquisition of Fuqing Hongchang Food Co. Ltd., was appointed as Chief Executive Officer and President on August 21, 2023.

Mr. Zengqiang Lin is one of the founders and has served as the chairman of the board of directors of Fuqing Hongchang Food Co., Ltd, an international food trading company since 2017. He also held the position of manager at Xizang Changhui Construction Engineering Co. Ltd. from July 2015 to May 2017.

Mr. Lin has a wealth of experience in business operation, supply chain management, and market expansion.