Cheetah Mobile Inc. announced that its Board of Directors has appointed each of Mr. Michael Jinbo Yao and Mr. Michael Lingye Zuo as an independent director, effective December 28, 2017. Mr. Michael Jinbo Yao will also join the corporate governance and nominating committee of the Board, effective the same date. Mr. Michael Lingye Zuo will also join the audit committee, the compensation committee, and the corporate governance and nominating committee of the Board, effective the same date. In addition, Mr. David Ying Zhang has resigned as an independent director of the Company. Mr. Michael Jinbo Yao is the Chairman and Chief Executive Officer of 58.com. Mr. Yao founded 58.com, and has served as the Chairman of the Board of Directors and Chief Executive Officer of 58.com since its inception. Mr. Yao is a pioneer in China's Internet industry.