The board of the directors of Zhuoxin International Holdings Limited announced that Mr. Fang Wei ("Mr. Fang") has been appointed as the deputy chairman of the Board with effect from 21 February 2020 and remains as the independent non-executive Director. Mr. Fang, is currently the chairman of each of Jinlianan Insurance Agency (Beijing) Co. Ltd., Jinlianan International Investments Group Co. Ltd., Didi Kuaibao Internet Tchnology (Beijing) Co. Ltd. and Jinlianan Insurance Assessment (Beijing) Co. Ltd. Mr. Fang was an executive Director of KNK Holdings Limited (stock code: 8039) from December 2018 to August 2019.