Beautiful China Holdings Company Limited announces that with effect from 29 April 2021, Ms. Chai Lin ("Ms. Chai") has resigned as a non-executive Director in order to devote more time to her other personal commitments. The Board announces that Mr. Wu Shuyang ("Mr. Wu") is appointed as a non-executive Director in replacement of Ms. Chai with effect from 29 April 2021. Mr. Wu, aged 23, has been an analyst of the asset management department of China Huarong Overseas Investment Holdings Co., Limited since January 2021. He was an associate in assurance of PricewaterhouseCoopers Limited from October 2019 to October 2020. Mr. Wu obtained a bachelor's degree in Statistics from the Chinese University of Hong Kong in November 2019.