The board of directors of HC International, Inc. announced that with effect from 18 October 2017, Mr. Guo Fansheng, an executive Director, will be re-designated as a non-executive Director and will resign as the chairman of the Board, the chairman of nomination committee of the company, an authorized representative of the company and the compliance officer of the company. Mr. Guo Jiang will resign as the chief executive officer of the company and will be appointed as the chairman of the Board, the chairman of the Nomination Committee and the Compliance Officer. He will remain as a member of the remuneration committee of the company after the aforesaid change; and Mr. Liu Jun will be appointed as the Chief Executive Officer and the Authorised Representative.

Mr. Guo, found the Group in October 1992 and is responsible for the overall strategic development and policy of the Group. From 1990 to 1992, Mr. Guo worked as a manager in a state-owned business information company in Beijing, the People's Republic of China. Mr. Guo Jiang, was appointed as an executive Director with effect from 1 August 2006.

He is also the authorised representative of the company. Mr. Guo Jiang joined the Group in 1996 as a sale manager and became the chief executive officer of the Group in 2008. Prior to that, Mr. Guo Jiang spent two years at the Broadcasting Science Institute of the State Administration of Radio, Film and Television as an assistant to director.

Mr. Liu, was appointed as an executive Director with effect from 12 September 2016. Mr. Liu has also been the senior vice president of the Group since July 2016. From 2004 to 2011, Mr. Liu was the chief executive officer of leading the company to enter into the information technology businesses.

Mr. Liu has also been a director of several subsidiaries of the company.