The board of directors of Ascent International Holdings Limited announced that with effect from 8 August 2018, Ms. Wang Wei ("Ms. Wang") has been appointed as an executive Director of the company and a member of each of the nomination committee of the company and the remuneration committee of the company. Ms. Wang is currently the brand and culture director of Shanghai Yingxun Technology Co. Ltd. Ms. Wang is also the president of the Chartered Professional Accountants of Canada Shanghai Chapter, and the treasurer of The Canadian Chamber of Commerce in Shanghai.