Global Digital Creations Holdings Limited announced that Mr. Xu Liang will cease to be the chairman of the Board, the executive committee and the nomination committee and the vice chairman of the remuneration committee of the Company with effect from 21 July 2018 to devote more time to his other business commitments. Mr. Xu will remain as the executive director and the member of the executive committee, the nomination committee and the remuneration committee of the Company. The Board further announces that Ms. Cheng Xiaoyu, the vice president and executive director, will be appointed as the chairman of the Board and the executive committee, the chairman and a member of the nomination committee and the vice chairman and a member of the remuneration committee of the Company with effect from 21 July 2018. Mr. Xu was appointed as an executive director and the chairman, the chairman of each of the executive committee and the nomination committee and the vice chairman of the remuneration committee of the Company in June 2017. Ms. Cheng Xiaoyu was appointed as an executive director and the vice president of the Company and a member of the executive committee of the Company in December 2014.