Ascent International Holdings Limited appointed Xu Hongwei and Huang Shiqiao as executive Directors with effect from 6 July 2018. Mr. Xu, aged 34, is currently the chairman and chief executive officer of in the People's Republic of China to promote the internet technology industry in the PRC and provide various services to the industry participants. He is also an independent non-executive director of Guangdong Hongteo Accurate Technology Company Limited. Mr. Huang, aged 35, is currently the founder and chief executive officer of in the PRC, the principal business of which is the provision of internet information services. Prior to that, he also worked in Ping An Insurance (Group) Company of China Ltd.