The board of directors of Pa Shun International Holdings Limited announced that with effect from 2 April 2024, Mr. Yuan Hongbing, an existing executive Director, has been appointed as the Chairman of the Board; Mr. Ma Qinghai has been appointed as an executive Director of the Company; Mr. Chen Zhongzheng has been appointed as a non-executive Director; and Mr. Zhou Jinkai has been appointed as a non-executive Director. Mr. Chen Zhongzheng, aged 31, graduated from Wuhan Textile University and obtained a Bachelor?s degree from the Engineering Department. He has many years of experience in business administration of enterprises and projects, including management experience in universal health projects.

Mr. Chen is currently the assistant to the general manager of Zhongnan Fanhua Construction (Hubei) Co. Ltd. Mr. Chen Zhongzheng, aged 31, graduated from Wuhan Textile University and obtained a Bachelor?s degree from the Engineering Department. He has many years of experience in business administration of enterprises and projects, including management experience in universal health projects.

Mr. Chen is currently the assistant to the general manager of Zhongnan Fanhua Construction (Hubei) Co. Ltd. Mr. Zhou Jinkai, aged 71, graduated from the Renmin University of China with a Bachelor?s degree in Business Administration. Mr. Zhou was the chairman of the board of directors of from 1993 to 2003 and from 2004 to 2012.

Mr. Zhou was also the shareholder and director of China Dynamics (Holdings) Limited (now known as Ev Dynamics (Holdings) Limited) from 2013 to 2020. Mr. Zhou is currently the chairman of the board of directors of since 2021. Mr. Zhou has over 35 years of extensive experience and capabilities in investment and business management in the PRC market.