Feiyu Technology International Company Ltd. announced that, with effect from 30 August 2022, Mr. LIN Jiabin has resigned as an executive Director as he wishes to allocate more time to his other business commitments. Mr. LIN Jiabin has confirmed that he has no disagreement with the Board. None of Mr. LIN Jiabin and the Board is aware of any matters regarding his resignation that needs to be brought to the attention of the Shareholders and the Stock Exchange.