The board of directors of Blockchain Group Company Limited announced that Mr. Li Dongfan, an executive Director and the vice-chairman of the Board, has been appointed as the joint chairman of the Board with effect from 13 February 2018. The Board announced that Mr. Yan Ximao has been appointed as an executive Director and Mr. Wang Qidong has been appointed as an independent non-executive Director with effect from 13 February 2018. Mr. Yan was the general manager of Shenzhen Haotian Electronics Development Co. Ltd. from 2000 to 2007. Subsequently, he served as the chairman of Shenzhen Mingke Century Technology Co. Ltd. in 2008 and the general manager of Shenzhen Haotian Electronic Technology Co. Ltd. in 2010, respectively. Mr. Wang had been serving as various positions, including senior manager in Xiamen Power Capital Investment Consulting Co. Ltd. (Power Capital), director of business development in Shanghai Suning Investment Management Co. Ltd., a partner in Xiamen Huashang Venture Capital Management Co. Ltd./Fujian Huating Investment Management Co. Ltd. and secretary of the board of directors in Zhejiang Green Map Agricultural Science and Technology Co. Ltd.