The board of directors of Wanka Online Inc. announced that Mr. ZHU Jing has tendered his resignation as a non-executive Director of the Company and a member of the audit committee of the Company with effect from 23 September 2019 in order to be more focused on his other job engagements. He will not hold any other position with the Group after his resignation. The Board also announced that Mr. CHEN Tao has been appointed as a non-executive Director of the Company and a member of the Audit Committee with effect from 23 September 2019. Mr. Chen, aged 31, joined the Group in June 2019 as the senior vice president and was responsible for the corporate development. He has over 7 years of experience in management and private equity investment. Prior to joining the Group, he served as an investment manager at Shenzhen Shenshang Richland Xingye Fund Management Co. Ltd. from December 2014 to December 2015. From December 2015 to July 2017, he served as the vice president of Shenzhen Qianhai ADV Fund Management Co. Ltd. From July 2018 to June 2019, he worked in a fund management company based in Shenzhen.