The board of directors of New Sports Group Limited announced that Ms. Zhan Yushan has been appointed as a non-executive Director of the company with effect from 26 October 2018. Ms. Zhan has been acted as the Deputy General Manager in Shenzhen Feng Cheng Technology Company Limited since July 2016. She has also been the President of Shenzhen Lan Si Guang Technology Company Limited since December 2014. She served as the Secretary to the President in General Manager Office of Shenzhen Nanyou Development Construction Limited from December 2004 to December 2013. Ms. Zhan entered into a service agreement with the Company on 26 October 2018 for an initial term of three years commencing from 26 October 2018, unless and until terminated by either party by serving not less than three-months' written notice. Ms. Zhan shall hold office only until the first general meeting of the Company after her appointment and shall then be eligible for re-election at that meeting, and thereafter subject to retirement by rotation at least once every three years at each annual general meeting, in accordance with the articles of association of the Company.