The board of directors of Blockchain Group Company Limited announced that Mr. Li Dongfan has tendered his resignation as a non-executive Director and the joint chairman of the Board due to other business commitments, Mr. Yan Ximao has tendered his resignation as a non-executive Director and the vice chairman of the Board due to other business commitments and Mr. Chin Hon Siang has tendered his resignation as an independent non-executive Director and each of the member of the audit committee, the remuneration committee and the nomination committee of the Company due to other business commitments, all with effect from 13 July 2018. The Board announced that Ms. Su Huiling has been appointed as a non-executive Director, Mr. Li Mow Ming, Sonny has been appointed as an independent non-executive Director, a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee, and Mr. Su Yichao, an existing executive Director, has been appointed as the Joint Chairman, all with effect from 13 July 2018. Ms. Su Huiling, aged 37, worked in the Rural Cooperative Bank of Lingchuan County, Guilin City, Guangxi Province from 2002 to 2004. She served as the general manager of the marketing department of Zhuhai Wiseman Co. Ltd. from 2004 to 2010. During the period from 2011 to February 2016, she became a partner of Enping Shunwei Clothing Co. Ltd. She subsequently has been a partner of National Development Fund since 2017. Mr. Li Mow Ming, Sonny, aged 60 has been an executive director of China Capital Limited since January 2013 to the present, where he is mainly responsible for approval on mortgage cases and financing arrangements. Mr. Su Yichao, aged 26, joined the Company in November 2017. He was an angel investor in his early days by investing in the Internet industry and education sector. He possesses extensive experiences in project planning, operation and management in relation to angel investment. Mr. Su served as the vice president of investment banking division at Defu Group where he was responsible for mergers and acquisitions of corporate projects and refinancing of listed companies. He currently serves as the vice president and executive director of Moody Group where he is in charge of auditing on mergers and acquisitions projects of corporates.