Fu Shou Yuan Group appoints three independent directors to bolster board

Fu Shou Yuan International Group Limited announced the appointment of Mr. Shi Xiaobei, Mr. Chen Gui, and Mr. Ng Michael Chiu Ho as independent non-executive directors, effective November 21, 2025. Each director will serve a three-year term with a monthly salary of RMB20,000, subject to re-election. Mr. Shi Xiaobei, 50, brings expertise from his roles at Macquarie Group and CITIC Private Equity Funds Management. Mr. Chen Gui, 47, is a practicing lawyer and holds a doctor of business administration. Mr. Ng Michael Chiu Ho, 57, a certified public accountant and chartered financial analyst, previously held managing director positions at Daiwa Capital Markets and CIMB Securities.

These appointments are accompanied by changes in the composition of the board committees. Mr. Shi has been appointed as a member of both the remuneration and nomination committees. Mr. Chen will serve as a member of the compliance committee, and Mr. Ng will join the audit committee. The updated board composition, effective November 21, 2025, reflects these changes across various committees, reinforcing the company's governance structure.