The board of directors of Yi Hua Holdings Limited announced that Mr. Tse Wing York has resigned as an executive Director with effect from 22 June 2020 due to his other commitments. The Board announced that Mr. Wu Kai has been appointed as an executive Director and Mr. Chen Wenhan has been appointed as a non-executive Director, with effect from 22 June 2020. Mr. Wu is currently the chairman of Yinhong Industry Co. Ltd. Mr. Chen has also been an executive director and an authorised representative of Golden Malus since January 2017.