The board of directors of Cogobuy Group announced that Ms. Ni has been appointed as an executive director of the company with effect from March 1, 2015. Ms. Ni, joined the company in May 2014 as the Chief Investment Officer, responsible for heading the company's capital market activities and investment initiatives. Ms. Ni is currently serving as an independent director, the chairman of the audit committee and a member of the compensation committee and the nominating and corporate governance committee of JA Solar Holdings Co.

Ltd. Ms. Ni is also currently serving as an independent director of KongZhong Corporation. The Board also announced that Mr. Guo has been appointed as a non-executive director of the company with effect from March 1, 2015. Mr. Guo, is an executive director and the chief executive officer of HC International, Incorporation.