Guoan International Limited announced that LIU Deng has been appointed as executive director and ZHOU Deng Yue has been appointed as non-executive director of the Company, with effect from 16 November 2020. It also announced that CUI Ming Hong has resigned as non-executive director of the Company with effect from 16 November 2020. With effect from 16 November 2020, ZHOU Deng Yue has been appointed as member of the Remuneration Committee, and Mr. CUI Ming Hong has resigned as member of the Remuneration Committee. LIU joined CITIC Guoan Group and became the Chief Administrative Officer of Administrative Information Department of CITIC Guoan Investment Co. Ltd. From 2014 to 2018, he became the Deputy Manager of General Management Department and Administrative General Department of CITIC Guoan Group. LIU is currently an Associate General Manager of CITIC Guoan Development Holdings Co. Ltd. ZHOU joined CITIC Guoan Group and became the principal staff member of financial department. From 2013 to 2016, he became the Financial Manager of various companies within CITIC Guoan Group and he is currently the Financial Manager of CITIC Guoan Limited.