On April 7, 2021, Mr. Yimin Jin tendered his resignation as a director and Co-Chairman of the Board of Director of Code Chain New Continent Limited (the “Company”), effective immediately. Mr. Jin’s resignation was not a result of any disagreement with the Company’s operations, policies or procedures. Mr. Jin remains as the Co-CEO of the Company. On April 7, 2021, approved by the Board of Directors, Nominating and Corporate Governance Committee and the Compensation Committee of the Company, Mr. Zijing (Ryan) Xu was appointed a director and Chief Strategy Officer of the Company, effective immediately.