The board of directors of Rentian Technology Holdings Limited announced that, with effect from 10 January 2018, Mr. Yuan Wenxin ("Mr. Yuan") has been appointed as an executive Director. Mr. Yuan has served various banks, investment management companies under local governments, and window companies and listed companies in Hong Kong in different capacities and has extensive experience in financial investment, merger and acquisition. Mr. Yuan was an executive director, the deputy managing director and a member of the executive committee of Shougang Concord Grand (Group) Limited from 2005 until his resignation on 6 January 2018 and had participated in mergers and acquisitions, restructuring, asset management and finance leasing.