The board of directors of Loto Interactive Limited announced that Mr. Yan Hao has been appointed as an executive Director of the company with effect from 1 September 2020. Mr. Yan Hao was an independent non-executive Director from 10 July 2017 to 7 August 2020. He was also the chairman of the Remuneration Committee and a member of the Nomination Committee of the company from 10 July 2017 to 7 August 2020. The board also announced that Mr. Wang Bingzhong has resigned as an executive Director of the company with effect from 31 October 2020 due to his intention to devote more time on his personal business. The board announced that following Mr. Wang's resignation Mr. Wang will cease to act as an authorised representative of the company; the compliance officer of the company with effect from 31 October 2020; and Mr. Yan has been appointed as an authorised representative of the company and the compliance officer of the company with effect from 1 November 2020.