The board of directors of Prosperity International Holdings (H.K.) Limited announced that Mr. Yan Xiaotian has been appointed as an independent non-executive Director and a member of the audit committee (the ``Audit Committee'') of the company with effect from 28 October 2019. Mr. Yan is appointed by way of a letter of appointment for a term of three years commencing from 28 October 2019, subject to retirement by rotation and re-election pursuant to the articles of association of the Company.