Yik Wo International Holdings Limited announced that Mr. Cheng Congyu has joined the Group as the General Manager of the mobile applications and e-commerce platform business and is responsible for the management of the Group's e-commerce platform "Yihe Tianxia. Launched in July 2022, "Yihe Tianxia is an online shopping platform covering daily necessities, beauty and skin care, household appliances, domestic special agricultural products and others, and provides innovative and interesting group purchase methods to meet customers' consumption needs. Mr. Cheng Congyu graduated from Finance and Economics School, Soochow University majoring in Accounting, Finance and Insurance in 2001.

In 2014, he founded Beijing Admonition Asset Management Co. Ltd., and served as the legal representative, president and general manager of the company's Risk Control Department. This company became a private fund company registered with the Asset Management Association of China in 2015.