The board of directors of Pizu Group Holdings Limited announced that Mr. Enhe Bayaer has resigned as Independent Non - Executive Director, member of Audit Committee, and Chairman of Nomination committee of the company with effect from July 27, 2018. Mr. Enhe has resigned from the Board since he would like to devote more time to his family and health. The Board of the company also announced that Ms. Liu Talin has been appointed as chairperson of the Nomination Committee with effect from July 27, 2018.