Shen You Holdings Limited announced that at its AGM held on May 10, 2019, as the resolution for the re-election of Mr. Yu Miaogen as an executive director was not passed by the Shareholders at the AGM, Mr. Yu has duly retired from his appointment as an executive Director, effective from the conclusion of the AGM. As the resolution for the re-election of Mr. Shi Guixiang as a non-executive director was not passed by the shareholders of the AGM, Mr. Shi has duly retired from his appointment as a non-executive director, effective from the conclusion of the AGM. Mr. Wong Kwok Wai, Albert will be taking up duties and responsibilities of Mr. Yu upon his departure.