The board of directors of Shandong New Beiyang Information Technology has announced they have received a written resignation report from the company's vice chairman Chen Fuxu. The board of directors of Shandong New Beiyang Information Technology Co., Ltd. recently received a written resignation report from the company's vice chairman Mr. Chen Fuxu. Due to job changes, Mr. Chen Fuxu applied to resign from the company's seventh board of directors. Directors and members of the Strategy Committee of the Board of Directors shall no longer hold any positions in the company after resignation. The resignation report shall become effective when it is delivered to the board of directors of the company.