Maoye International Holdings Limited announced that Mr. Chow Chan Lum (Chow) and Mr. Leung Hon Chuen (Leung) have resigned as independent non-executive Directors of the Company, and Mr. Chow has ceased to act as the chairman of the Audit Committee, a member of the Remuneration Committee and a member of the Nomination Committee of the Company, while Mr. Leung has ceased to act as a member of the Audit Committee of the Company. Ms. Lu Xiaojuan (Lu) has been appointed as an executive Director. Mr. Rao Yong (Rao) has been appointed as an independent non-executive Director, the chairman of the Audit Committee, a member of the Remuneration Committee and a member of the Nomination Committee of the Company. and Mr. Gao Yajun (Gao) has been appointed as an independent non-executive Director, a member of the Audit Committee and a member of the Remuneration Committee of the Company.