The board of directors of StarGlory Holdings Company Limited announced that Mr. Zheng Hua has resigned as an executive Director with effect from May 21, 2019. The Board announced that Mr. Wu Xiaowen has been appointed as an executive Director with effect from May 21, 2019. Mr. Wu, aged 51, has been the founding partner of Shenzhen Jiafa Equity Investment Fund Management Co. Ltd. since October 2016, which is carrying on business of equity investment and investment management. Mr. Wu had worked for Shenzhen Gaoxintou Group Co. Ltd. a company carrying on guarantee business in China, from February 2002 until July 2014, and had been appointed as the deputy general manager during the employment period. Mr. Wu had been appointed as a member of Shenzhen Financial Standardization Expert Database and Chief Commissioner of Internet Financial Professional Committee of Guangdong Internet Society in 2015, respectively. Mr. Wu graduated from East China Chemical Engineering College in July 1989 with a bachelor's degree in Chemical Engineering. He was awarded the diploma in Business and Administration in Finance in May 1999 and obtained a master's degree of Business Studies in Finance in May 2000 from Massey University, New Zealand.