The board of the directors of Zhuoxin International Holdings Limited announced that Mr. Sun Bo (Mr. Sun) has been appointed as an independent non-executive director (INED) of the company, chairman of the Audit committee, a member of each of the Remuneration committee and the Nomination committee with effect from 13 February 2020. Mr. Sun aged 46 years old, is an experienced accounting professional with over 22 years of working experience in corporate accounting. He is currently the chief financial officer of an assets management company in Beijing. The board further announces that Mr. Feng Xiaohua (Mr. Feng) has been appointed as an INED of the company, the chairman of the Remuneration committee, a member of each of the Audit committee and the Nomination committee with effect from 13 February 2020. Mr. Feng aged 62, is a senior financial professional. He is the executive deputy general manager of Puhui Capital Management Company since 2016. Before this position, Mr. Feng worked as management roles in various insurance companies including PICC, China Life and Jiang Tai Insurance Brokers Co Ltd. for over 30 years. The board further announces that Mr. Fang Wei (Mr. Fang) has been appointed as an INED of the Company, the chairman of the Nomination committee, a member of each of the Audit committee and the Remuneration committee with effect from 13 February 2020. Mr. Fang aged 50, graduated from Chinese Academy of Social Sciences, the People's Republic of China, with a master degree in currency banking in 1998. He is a senior risk manager as accredited by Asia Risk Management Association and Risk Manager Professional Accreditation Association.