The Board of Champion Technology Holdings Limited announced that with effect from January 24, 2017, Ms. Lei Lei and Mr. Lin Xiang have been appointed as executive Directors. Ms. Lei, aged 54, has experience in business management. She had served as general manager of Hainan Bojin Cultural Investment Company Ltd., and CEO of Sunp Canada Inc. During the period from September 2012 to January 2017, Ms. Lei was an executive director of Culture Landmark Investment Limited (Culture Landmark).

Mr. Lin, aged 31, has experience in accounting and investment. From 2015 to 2016, he worked at Sinocap Investment Holdings Limited as investment manager. Since 2016, he is the head of financial investment department of Culture Landmark.

The Board further announced that with effect from January 24, 2017, Mr. Chan Wai has been appointed as the chief financial officer of the company. Mr. Chan joined the Group in October 2016 and he is currently the company secretary of the company. He has over 20 years of experience in accounting and financial management.