Daohe Global Group Limited announced that with effect from 1 January 2018: Mr. ZHANG Qi has resigned as an Executive Director and the Chief Executive Officer; and Mr. YU Lei has been appointed as an Executive Director and the Chief Executive Officer. Mr. Zhang resigned in order to devote more time to his personal endeavours. Mr. Yu, has over 10 years of management experience.

He has been a director of (Beijing Pai PR Communications Co. Ltd.) since January 2016. The company announced the change of Directors and with effect from 1 January 2018: Mr. Zhang has ceased to be a member and the chairman of the Executive Committee and a member of the Remuneration Committee; Mr. Yu has been appointed as a member and the chairman of the Executive Committee; and Mr. ZHOU Xijian, currently a non-executive Director and the chairman of the Board, has been appointed as a member of the Remuneration Committee.