The board of directors of Zhou Hei Ya International Holdings Company Limited announced that Mr. Chen Chen ("Mr. Chen") has been appointed as an independent non-executive director of the Company with effect from December 10, 2021 to fill the vacancy left by Mr. Wu. Mr. Chen Chen has been the chief financial officer of ATRenew Inc. since January 2021 and is responsible for finance, legal and investment related matters as well as investor relations, and he has been its director since May 2021. He has also been an independent director of Q&K International Group Limited since November 2019. From May 2018 to December 2020, Mr. Chen was the chief financial officer of Yunji Inc. The Board further announced that, with effect from December 10, 2021: Mr. Chan Kam Ching, Paul, its independent non-executive director, has ceased to be the chairman of the remuneration committee of the Company; and Mr. Chen Chen, its independent non-executive director, has been appointed as the chairman of the audit committee, the chairman of the remuneration committee and a member of the nomination committee of the Company.