Lizhi Inc. announced that its board of directors approved the appointment of Mr. Ming Zhang (also known as Mr. Wen Chu) and Mr. Xiang Wang as independent directors of the company, effective July 13, 2020. Mr. Ming Zhang will also serve as a member of the Audit Committee of the Board and the vice chairman of the board, effective July 13, 2020. Ms. Xi (Catherine) Chen will resign from her position as a member of the Audit Committee of the Board, effective July 13, 2020. Mr. Ming Zhang has nearly 20 years of experiences in Internet technology industry. He founded Great Wall Club Inc. in 2008 and has been serving as the Chairman of its Board of Directors and Chief Executive Officer. Mr. Xiang Wang has joined Xiaomi Corporation since 2015, serving as its President and Acting Chief Financial Officer since 2019 and the Senior Vice President from 2015 to 2019.