The board of directors of Coolpad Group Limited announced that with effect from January 19, 2018, Mr. Ng Wai Hung (Mr. Ng) has been appointed as a non-executive Director, each of Mr. Liang Rui (Mr. Liang), Mr. Leung Siu Kee (Mr. Leung) and Mr. Lam Ting Fung Freeman (Mr. Lam) has been appointed as an executive Director, Mr. Jiang Chao (Mr. Jiang) has resigned as a company secretary of the company, Mr. Leung has been appointed as the company Secretary to replace Mr. Jiang and Mr. Liu Hong (Mr. Liu) has been re-designated from his current office of executive Director and the chairman of the Board to non-executive Director. Mr. Ng is a practicing solicitor and a partner in Iu, Lai & Li, a Hong Kong firm of solicitors and notaries. Mr. Ng is currently an independent non-executive director of three companies listed on The Stock Exchange of Hong Kong Limited, namely China Star Cultural Media Group Limited, Xinyi Automobile Glass Hong Kong Enterprises Limited and 1957 & Co. (Hospitality) Limited. Mr. Liang is currently a president of Shenzhen Shuibei Jewelry Group. From January 2000 to October 2014, he worked in the Shenzhen Luohu District People's Government, serving as an officer in the Education Bureau, deputy director-general of the State Bureau for Letters and Calls, director-level deputy director of the district (governmental) committee office, and director of the Bureau of Civil Administration. Mr. Leung, has more than 15 years of experience in accounting industry. Prior to joining Group, Mr. Leung had worked in two international accounting firms for 5 years, mainly to provide auditing and business assurance services. He has been a director of a CPA Limited and a company providing accounting and taxation services since August 2008 and September 2016, respectively. Mr. Lam was recognised as an International Registered Financial Practitioner in 2006. He served as a divisional manager in AIA for 12 years since 1998. He joined Kossilon Group as a director in 2008 and assisted the group in establishing a corporate financial service division. He served as a senior branch manager in AXA in 2010 and was admitted as a life member of the Million Dollar Round Table in 2012.