The board of directors of Huifu Payment Limited announced that Mr. Chen Zhongjue has tendered his resignation as a non-executive Director with effect from 1 November 2019 due to change in job arrangements. The Board announced that Ms. Wang Lihong has been appointed as a non-executive Director with effect from 1 November 2019. Ms. Wang, aged 51, is currently a managing director of Bain Capital Asia, LLC. Ms. Wang has 13 years of experience in private equity industry. Ms. Wang joined Bain Capital Asia, LLC in July 2006 and has served as a managing director since January 2011. Ms. Wang is mainly responsible for private equity investment in Greater China and Asia Pacific region.