Mr. Jiangping Xiao, an independent director of YanGuFang International Group Co., Ltd., resigned from the board of directors of the Company ("Board") and all committees thereof, due to personal reasons, effective January 16, 2024. On January 18, 2024, the Board accepted Mr. Xiao's resignation. Mr. Xiao's resignation was not due to any disagreement on any matter relating to the Company's operations, policies or practices.