Bit Origin Ltd. announced that the Company's board of directors has appointed Ms. Lianfei Du as the Executive Vice President, effective on September 1, 2022, to further support its growth strategy and accelerate its business development from perspectives of finance and operations. Ms. Du became the second female member of management at Bit Origin, furthering the Company's proactive gender equality initiatives. Ms. Du has rich experience in equity/debt investments, financial advisory, and fund operating management.

Ms. Du joined the Company in December 2021 as Head of Corporate Finance and Operation. From January 2018 to December 2021, Ms. Du served as the Vice President in TCC Capital, a Hong Kong-based boutique private equity fund backed by an HK family office with assets under management (AUM) of hundreds of million US dollars. As the VP at TCC Capital, Ms. Du led multiple venture capital and growth capital investment projects across various industries, including biotech, new material, fintech, and real estate.

Ms. Du also has extensive experiences in fundraising activities for over USD 400 million. From January 2014 to November 2017, Ms. Du was a manager with Ernst & Young (China) Advisory Limited, leading the financial due diligence for 20+ deals across the spectrum: venture, private equity, outbound buyout, M&A, liquidation and etc. From July 2010 to November 2013, Ms. Du was a Senior Associate with PricewaterhouseCoopers for audit or internal control engagements.

Ms. Du received her Master of Business Administration (MBA) degree from Yokohama National University in Japan in 2010.