The board of directors of Wuzhou International Holdings Limited announced that Mr. Shu Cewan has tendered his resignation as the chief executive officer of the company with effect from 23 July 2020 as he needs to devote more time to his other business engagements. Mr. Shen Xiaowei, an executive director of the company, has been appointed as the CEO and the Authorized Representative with effect from 23 July 2020.