Jiu Rong Holdings Limited announced that Ms. Wang Liping has tendered her resignation as Executive Director of the company with effect from 9 July 2019 due to devotion to her personal business development. Mr. Chen Zheng will be appointed as Independent Non-executive Director, the chairman of the Nomination Committee, member of the Remuneration Committee and member of the Audit Committee of the company with effect from 9 July 2019. Mr. Chen, is an engineer and senior economist. He holds a bachelor degree in chemical engineering and a master degree in business administration. He has extensive experience in investing business and corporate management. Mr. Chen was appointed as an Executive Director and the Chief Executive Officer of Global Digital Creations Holdings Limited in February 2005. He was re-designated as the Deputy Chairman and a Non-executive Director of Global Digital Creations Holdings Limited in December 2018.