On January 13, 2017, Mr. Ning (Sam) Liu resigned as Cloud Security Corporation's Chief Executive Officer, President, Secretary and Chairman of the Board of Directors effective immediately. The Board approved and accepted Mr. Liu's resignation from such positions on January 13, 2017. On January 13, 2017, Mr. Derek Yu was appointed to serve as the Company's Chief Executive Officer, President, Secretary and Chairman of the Board and Mr. Yu has accepted such appointment.

Mr. Yu is also the Company's Chief Financial Officer, Treasurer and Director and served in such positions since February 11, 2015.