Wai Hung Group Holdings Limited (together with its subsidiaries, the "Group") announced that Mr. Ge Lintao has been appointed as an executive Director, with effect from 2 September 2020. Mr. Cen remains as the head of corporate finance department of the Company but has resigned as an executive Director. Mr. Ge is currently the chairman of Zhejiang Aozhou Cattle Industry Co., Ltd, where he develops high- tech food chain in the PRC and promotes technological innovation in food production, safety, sales and logistics. Mr. Ge was formerly an executive director of Harvest Technology Investment Management Co., Ltd, where he was dedicated to the collaborative development of new economy, new technology, new energy and new materials.