The board of directors of the Hua Yin International Holdings Limited announced that Mr. Sui Guangyi (Mr. Sui) has tendered his resignation as co-chairperson and a non-executive Director of the Company with immediate effect in order to devote more time for his personal matters. Following Mr. Sui's resignation, Ms. Cui Xintong, the executive Director of the Company, has been re-designated from the position of co-chairperson to chairperson of the Board.