The Board of Labixiaoxin Snacks Group Limited announced that with effect from 7 August 2020: Mr. Ren Yunan has resigned as a non-executive Director; Mr. Li Zhi Hai has resigned as an independent non-executive Director, a member of the Audit Committee and the chairman of the Nomination Committee; and Mr. Li Biao has been appointed as an independent non-executive Director, a member of the Audit Committee and the chairman of the Nomination Committee.