Carnival Group International Holdings Limited announced that with effect from July 17, 2018 Mr. Li Jing resigned as executive Director as he would like to spend more time pursuing his own business. Mr. Bai Xuefei was appointed as an executive Director and the executive president of the company. Ms. Qian Hui was appointed as an executive Director.

Mr. Wu Yanqi resigned as chief executive officer of the company due to work reallocation. He was appointed as the vice president of the company and shall be responsible for financing activities. Mr. King Pak Fu, the chairman of the Board and an executive Director, was appointed as the chief executive officer of the company in place of Mr. Wu and Ms. Li Jing resigned as a joint company secretary of the company and she also ceased to act as an alternate authorised representative under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Ms. Chan Yuen Ying Stella, the other joint company secretary of the company, will remain as the company secretary of the company. From 1 June 2018 to 17 July 2018, Mr. Bai was an executive director and chief executive officer of Rentian Technology Holdings Limited.