The board of directors of Huasheng International Holding Limited announced that Mr. Li Kwok Tai, James has been appointed as an independent non-executive Director, a member of each of the audit committee, the remuneration committee and the nomination committee of the Company with effect from 21 September 2020. Mr. Li has over 20 years of experience in investment banking and corporate finance and has extensive knowledge in accounting and finance. Mr. Li is currently the managing director of the investment banking department of Shanggu Securities Limited. He has been a committee member of the corporate finance advisory panel of the Hong Kong Institute of Certified Public Accountants since 2015.