The board of directors of Eagle Legend Asia Limited announced that with effect from 8 July 2019: (i) Mr. Guo Peineng has been appointed as an executive Director and the deputy chairman of the Board; and (ii) Mr. Chen Huajie has been appointed as an executive Director. Mr. Guo Peineng, aged 47, worked in various government organizations in the People's Republic of China (the "PRC") including the Public Security Bureau in Jieyang City of the Guangdong Province and the Traffic Department in Shenzhen from September 1994 to June 2013. From June 2013 to April 2016, Mr. Guo worked as the chairman and general manager of Shenzhen Taiteng Material Trading Limited Company which was principally engaged in material trading in the PRC. He is currently the chairman and general manager of Shenzhen Jin Xiang Sheng Investment Group Holdings Co., Limited which is principally engaged in investment holding in the PRC. Mr. Chen Huajie, aged 43, has over 19 years of experience in the construction industry. Mr. Chen is currently the chairman and general manager of Shenzhen Xinqiyuan Shiye Development Co. Ltd., which is principally engaged in construction projects in the PRC. Mr. Chen joined Shenzhen Xinqiyuan in August 2015. Prior to joining Shenzhen Xinqiyuan, Mr. Chen worked in various positions including but not limited to engineer, project manager and general manager in a property developer group in the PRC from June 2004 to August 2015.