Yincheng International Holding Co., Ltd. announces Mr. Lam Ming Fai (Mr. Lam) will retire as independent non-executive director by rotation at the forthcoming annual general meeting of the company to be convened on June 10, 2022, and will not offer himself for re- election in order to devote more time to his other business commitments. Mr. Lam has confirmed that he has no disagreement with the Board and there is no matter relating to his retirement that needs to be brought to the attention of the shareholders of the company.