The Board of Directors of Cinderella Media Group Limited announced that, with effect from 10 January 2017, Mr. Chen Jiarong has been appointed as non-executive Director and Chairman of the company and Mr. Liu Gary Wei, executive Director, has been appointed as Chief Executive Officer of the company. Mr. Chen, aged 28, is currently the vice president of (Kingkey Group Company Limited for identification purpose). Mr. Liu, aged 28, was appointed as executive Director on 8 September 2015.

He is the founder and chairman of a private investment management company in China.