The board of directors of CMGE Technology Group Limited announced that Mr. Fan Yingjie ("Mr. Fan") has been appointed as an executive director with effect from 23 December 2020. The Board announced that Mr. Tang Yanwen ("Mr. Tang") has resigned as a non-executive director of the Company with effect from 23 December 2020 as he wishes to devote more time to other personal work commitments. Mr. Fan, aged 50, is the chairman and the chief executive officer of Beijing Wenmai Hudong Technology Company Limited.