The board of directors of JNBY Design Limited announced that Mr. Li Ming has resigned as an executive director of the Company with effect from May 8, 2019, due to his intention to dedicate more time to the store image designing of the Group. The Board announced that Ms. Wu Huating, the chief executive officer of the Company has been appointed as an executive director of the Company with effect from May 8, 2019. Ms. Wu Huating has nearly 21 years of experience in the operation, management and investment of retail and Internet industries. Ms. Wu joined the Group as Chief Executive Officer in March 2019. She was a partner of Vision Knight Capital General Partners Ltd. from 2011 to 2018.