The board of directors of Ourgame International Holdings Limited announced that Mr. Lu Jingsheng, an independent non-executive Director, has been re-designated as an executive Director and appointed as a chief executive officer of the Company and due to his redesignation, he has also resigned as the chairman of the Audit Committee and a member of the Remuneration Committee and the Nomination and Corporate Governance Committee of the Board, with effect from 1 May 2021, but will continue to serve as a member of the Risk Prevention and Digital Assets Management Committee. The Board also announces that, immediately after the appointment of Mr. Lu as the chief executive officer of the Company, Mr. Li Yangyang has resigned from the position of acting chief executive officer of the Company, with effect from 1 May 2021, but will continue to serve as an executive Director, the chairman of the Board and the chairman of the Nomination and Corporate Governance Committee.