The board of directors of Bestway Global Holding Inc. announced that Mr. ZHANG Zhu retired from the position as a member of the Risk Management Committee and the general counsel to the company with effect from September 14, 2018. Following Mr. Zhang's retirement, with effect from September 14, 2018, Mr. Zhang ceased to be the member of the Risk Management Committee and the general counsel to the company. On September 14, 2018, the Board considered and approved the resolution to appoint Mr. LIU Feng, an executive Director of the company, as a member of the Risk Management Committee and general counsel to the company with effect from September 14, 2018. Mr. Liu accepted the Appointment on the same day.