The board of directors of Moody Technology Holdings Limited announced that Ms. Li Jia Yin has tendered her resignation as the Acting Chairlady and Executive Director of the Company due to her personal development reason with effect from 11 April 2019. Ms. Li confirmed that she has no disagreement with the Board and there are no matters relating to her resignation that need to be brought to the attention of the shareholders of the company or the Stock Exchange. Following the resignation of Ms. Li as the Acting Chairlady, Mr. Wu Jianxiong, an existing executive Director, has been appointed as the chairman of the Board with effect from 11 April 2019. The Board of the Company hereby announces that Mr. Zou Biao ("Mr. Zou") has been appointed as the Executive Director with effect from 11 April 2019. Ms. Li has ceased to act as an authorised representative of the Company under Rule 3.05 of the Listing Rules with effect from 11 April 2019. Following the resignation of Ms. Li, Mr. Zou has been appointed as an authorised representative with effect from 11 April 2019. The Board would like to take this opportunity to thank Ms. Li Jia Yin for her contribution to the Company during her tenure of services and to express its warmest welcome to Mr. Wu in becoming the chairman and Mr. Zou in joining the Board.