FHT Future Technology Ltd. announced that on June 1, 2021, approved by the sole Director of the Company, Wei Fang was appointed as an executive director of the Company, effectively immediately. Kean Tat Che, Lin Shan and Xiaoyi Chen were appointed as independent directors of the Company, serving as the chair of the audit committee, chair of the renumeration committee, and chair of the nominating committee, respectively. Mr. Fang was one of the early Bitcoin and Ethereum filecoin investor and pioneer. He founded Xiamen Youfang Network Technology Co. Ltd. in 2016, and has been deeply involved in the field of blockchain technology and mining, providing maintenance service regarding mine construction, mining development and operation management of mainstream blockchain mining pools, such as filecoin, Ethereum and cru to more than 100 partners. Mr. Che is a member of CPA Australia and has over 15 years of experience in accounting, auditing, corporate finance and IPO advisory. In 2006, he started his career as auditor with Ernst & Young LLP and left the firm in 2009. Lin ShanFrom 2012 to 2016, she served as a supply chain manager at Xiamen C&D Inc.