Xinji Shaxi Group Co. Ltd. announced that Dr. Liu Eping has tendered her resignation as an independent non-executive director of the Company; the chairman of the audit committee of the Company; the chairman of the remuneration committee of the Company and (iv) a member of the nomination committee of the Company with effect from 15 June 2021 so as to devote more time to her personal matters. The Board announced that Dr. Zeng Zhaowu ("Dr. Zeng") has been appointed as an independent non-executive director, the chairman of the Audit Committee and Remuneration Committee, and a member of the Nomination Committee with effect from 15 June 2021. Dr. Zeng Zhaowu, aged 57, is currently retired. Dr. Zeng has approximately 30 years of experience in the finance and treasury industry.