The board of directors of Huan Yue Interactive Holdings Limited (formerly known as Xingye Copper International Group Limited) announced that with effect from 18 October 2016: Mr. Ma Wanjun ("Mr. Ma") has resigned as an executive Director and ceased to act as a member of the nomination committee of the Board due to the need to devote more time to the management of the Group's copper business. Mr. Wang Jianli ("Mr. Wang") has resigned as an executive Director and ceased to act as a member of the remuneration committee of the Board due to the need to devote more time to the management of the Group's copper business. Mr. Ren Hao ("Mr. Ren") has been appointed as an executive Director and a member of the nomination committee of the Board. Mr. Ren, aged 33, is the head of the Company's gaming business. He was a director of Funnytime Limited which was acquired by the Group in August 2016. Before joining the Group, Mr. Ren established a gaming company Hefei Zhangyue Network Technology Co. Ltd. ("Hefei Zhangyue") in November 2014. Mr. Zhu Wenjun ("Mr. Zhu") has been appointed as an executive Director and a member of the remuneration committee of the Board. Mr. Zhu, aged 34, is the Chief Financial Officer of the Company since April 2015. Prior to joining the Group, he worked with Shanghai Guohe Capital, where he had led private equity investment deals in media, software, internet and financial services sectors. Mr. Zhu has over 10 years of experience of finance.