The board of directors of Daohe Global Group Limited announced that Mr. ZHANG Jifeng has resigned as an executive Director and will cease to be a member of the executive committee of the Board with effect from December 14, 2017. Mr. Zichen has been appointed as an Executive Director, a president of the company and a member of the Executive Committee with effect from December 14, 2017. Mr. Zichen, aged 33, is a merchant and an investor. Mr. Zichen has been working in financial business for 10 years. He is very experienced in financial market operations and has a wide variety of personal connections. Mr. WONG Hing Lin, Dennis has resigned as an authorized representative of the company under Rule 3.05 of the Listing Rules with effect from 14 December 2017. He will remain as an Executive Director, a president of the company and a member of the Executive Committee. Mr. WONG Lim Yam has resigned as the company secretary of the company and an Authorised Representative with effect from December 14, 2017. Mr. Zichen has been appointed as an Authorised Representative, and Ms. LO Yin Wan has been appointed as the company secretary of the company and an Authorised Representative, all with effect from December 14, 2017. Ms. Lo has more than 15 years of experience in secretarial and compliance related matters.