Youyuan International Holdings Limited announced with effect from April 10, 2018, Ms. Lian Bi Yu has been appointed as an executive Director. She was an administrative officer in charge of personnel of Quanzhou Branch of Industrial and Commercial Bank of China from 1995 to 1997. She has been the Senior Manager of Business in Quanzhou Xingchen Tax Accounting Co. Limited since 2000. Ms. Lian has entered into a service contract with the Company with a term of three years commencing from 10 April and renewable automatically for successive terms of one year upon expiry of the then current term of her appointment, unless terminated in accordance with the terms of her service contract. Ms. Lian is also subject to retirement by rotation and re-election in accordance with the provisions of the Company's articles of association.