On September 28, 2017 Mr. Anthony S. Chan, the current senior financial adviser of American Education Center, Inc. was appointed by the board of directors of the company to replace Mr. Max P. Chen as the company’s Chief Financial Officer effective on October 1, 2017. Mr. Max P. Chen continues to act as the Company’s Chief Executive Officer, President, Chairman and sole director of the Board. Prior to this appointment, Mr. Chan has served as a senior financial advisor to the senior management of the Company since August 2017.