Bally, Corp. announced that pursuant to a stock purchase agreement (the 'Agreement'), effective as of April 4, 2018, by and among Aureas Capital Co Ltd, Chen Yi-Dou, Ming-Chun Lung, NYJJ Investments, Ti-Jung Chen, Yi-Fang Lin and Zhiqing Wu (together, the 'Sellers') and Haiping Hu (the 'Purchaser'), the Sellers sold an aggregate of 9,797,600 shares of Common Stock of the company, to the Purchaser for cash consideration of $360,000 from personal funds of the Purchaser (the 'Transaction'). In connection with the Transaction, Kong Nguan Hong, the sole officer and director of the company, resigned from all of his officer positions with the company, including Chief Executive Officer, Chief Financial Officer and Secretary, effective immediately upon the consummation of the Transaction, but will remain a director of the company until ten days following the date on which the company files a Schedule 14F-1 (the 'Schedule 14F-1') with the SEC and the mailing of same to the holders of record of the company, in connection with the Transaction.

Haiping Hu was appointed as the Chief Executive Officer, Chief Financial Officer and Secretary of the company, effective immediately upon the consummation of the Transaction. Mr. Hu has been serving as president of Global Mentor Board (Beijing) IT Co. Ltd. since 2015.

In addition, from 2012 until 2015, Mr. Hu served as the president and CEO of Shanshan Commodities Group Corporation.