The Board of Capinfo Company Limited announced that, due to other work arrangements, Mr. Yang Yongxin will resign as an executive Director and the member of rule of law and compliance committee of the Company with effect from the conclusion of the EGM. Mr. Yang has confirmed that he has no disagreement with the Board and there is no other matter relating to his resignation that needs to be brought to the attention of the Shareholders. The Board hereby wishes to express its gratitude to Mr. Yang for his valuable contributions to the Company during his term of office.