The board of directors of V1 Group Limited announced that Liu Huaiyu has been appointed as the chief financial officer of the Company with effect from 13 November 2018. Liu, has over 22 years of experience in finance and management with various large organizations and listed companies. Liu joined the Group in July 2017 as a general manager in V1 (China) investment Company Limited, a wholly-owned subsidiary of the Company. Prior to joining the Group, Liu was an executive director, chief financial officer and company secretary of Chiho-Tiande Group Limited.