Ruixin International Holdings Limited announced that Ms. Liu Yanfang ("Ms. Liu") has tendered her resignation and will resign from her position as an independent non-executive Director, the chairman and a member of the nomination committee of the Board (the "Nomination Committee"), and a member of each of the audit committee of the Board (the "Audit Committee"), the remuneration committee of the Board (the "Remuneration Committee") and the investment committee of the Board (the "Investment Committee") with effect from 1 January 2020, as she would like to devote more time to her other commitments.