The board of directors of Blockchain Group Company Limited announced that Mr. Yan Ximao, an existing executive Director, has been appointed as the vice chairman of the company with effect from 12 April 2018. Mr. Yan has been a partner of Sequoia Capital (Hong Kong) Fund Management Limited and the president of Hong Yi Capital Holdings Group since January and October 2017, respectively. 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.