The board of directors of Blockchain Group Company Limited announced that Mr. Lin Hann Ruey (Mr. Lin) has tendered his resignation as an independent non-executive director, a member of each of the audit committee, the remuneration committee and the nomination committee of the company with effect from 10 April 2018 due to other business commitments. The board also announced that Mr. Liao Haosheng (Mr. Liao) has been appointed as an independent non-executive director with effect from 10 April 2018. From April 2010 to June 2015, Mr. Liao was appointed as the general manager of Shenzhen Jiacheng Wealth Management Ltd. Subsequently, Mr. Liao served as a founding partner of Lingqiwuwu Fund Management (Shenzhen) Ltd. from June 2015 until now. The board further announced that Mr. Lawrence Gonzaga (Mr. Gonzaga), an independent non-executive Director, has tendered his resignation as the chairman of the Audit Committee, the Remuneration Committee and the Nomination Committee, but remained as an independent non-executive Director with effect from 10 April 2018. Following the resignation of Mr. Gonzaga as the chairman of the Audit Committee, the Remuneration Committee and the Nomination Committee, Mr. Wang Qidong (Mr. Wang), an independent non-executive Director, has been appointed as the chairman of each of the Audit Committee, Remuneration Committee and Nomination Committee with effect from 10 April 2018.