The board of directors of China Soft Power Technology Holdings Limited announced that Mr. Xu Ke has been appointed as an executive director and the chief executive officer of the Company with effect from 27 February 2018. Mr. Xu has extensive experience in the financial and securities sector. Mr. Xu has served as the deputy managing director of Industrial Securities Co.

Ltd. since 2012 and is responsible for the development and audit of bond financing projects as well as the promotion and marketing of certain bond projects. He served as a director of Guotai Junan Securities Co. Ltd. from 2007 to 2012 and was responsible for the sales and marketing and project coordination of debt financing projects in Three Northeastern Provinces, Guizhou Province and Shandong Province in China.