Forge Innovation Development Corp. announced that on November 9, 2020, Ms. Xiaowei Guo resigned as a Director of the Company. Ms. Guo’s resignation is not a result of any disagreement with the Company, and the Company thanks Ms. Guo for her contributions to the Board. On November 9, 2020, the Board of Directors appointed Mr. Hengjiang Pang to serve as a director on the Company’s Board of Directors. Hengjiang Pang has nearly 16 years of finance and accounting experiences in both Asia and North America. Mr. Pang served a number of senior management roles in the companies including his 6-year tenure with HeJian Technology Co. Ltd. (subsidiary of UMC), Financial Controller of a private-equity company in Pasadena, California.