The board of directors of Min Xin Holdings Limited announced that Mr. CHEN Jie ("Mr Chen") has been appointed as an Executive Director, the Vice Chairman of the Board and a member of the Executive Committee of the Company with effect from 11 December 2020. Mr. Chen, aged 58, is currently a member of the Party Committee and the Chief accountant of Fujian Investment & Development Group Co. Ltd., which is the controlling shareholder of the Company.