The board of directors of Value Convergence Holdings Limited announced that Mr. Jiang Tian ("Mr. Jiang"), due to his personal commitments, which require more of his dedication, has resigned as executive Director of the Company with effect from 1 April 2019. Mr. Jiang has confirmed that there is no disagreement between him and the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company.