The board of directors of HengTen Networks Group Limited announced that Zhang Xiaohua has resigned as executive Director, chairman of the Board, chairman of the Nomination Committee, member of the Remuneration Committee and the authorized representative of the company, effect from April 25, 2017, as she would like to focus on her other business engagements. The Board also announced that Xu Wen has been appointed as executive Director, chairman of the Board, chairman of the Nomination Committee, member of the Remuneration Committee and the Authorized Representative with effect from April 25, 2017. Prior to joining the company, Xu was an executive director of China Evergrande Group.