The board of directors of Asia Investment Finance Group Limited announces that, with effect from 9 January 2019, Ms. Zhao Hong Mei has been appointed as an Executive Director. She has more than 20 years of working experience in financial industry. She is famous for being an industry and finance expert, a mentor for entrepreneurs, and a senior financial planner. She worked as a partner in several securities firms and private equity funds, and excels in services of capital operation and new retailing business model. The Board also announced that, with effect from 9 January 2019, Mr. Li Xin has been appointed as a Non-Executive Director. He has extensive experience in corporate management and planning, and is especially good at monetary strategy, financial strategy, corporate management, brand marketing planning and investment management, etc. The Board also announced that Ms. Zhao has been appointed as a member of the Executive Committee of the Board with effect from 9 January 2019.