The board of directors of Far East Holdings International Limited announced that Mr. Zhu Weiwen (Mr. Zhu) has been appointed as an executive Director of the Company with effect from 20 March 2023. Mr. Zhu, aged 45, has over 10 years of working experience in managerial positions from companies in the Mainland China and Australia in the areas of technology, dairy production and mining. Mr. Zhu is currently an executive director and a general manager of Xiamen Oriental Hong Yu Technology Company Limited since May 2004, an executive director and a general manager of Ganzhou Shifeng Mining Company Limited since July 2011, and an executive director and a general manager of Xiamen Zhengrong Investment Company Limited since August 2012.

He also had been the chairman of Australia Deloraine Dairy Pty Ltd. from January 2016 to April 2019.