Code Chain New Continent Limited announced that on April 5, 2022, approved by the Board of Directors, the Compensation Committee and the Nominating and Corporate Governance Committee, Mr. Tianxiang Zhu was appointed as the Chief Operating Officer and a director of the Company to replace Mr. Jianan Liang, effective April 5, 2022. Mr. Tianxiang Zhu, age 49, has over 15 years of extensive experience in financial management and accounting. Mr. Zhu is an executive director of Sino Energy International Holdings Group Limited.

He served as the co-chief executive officer and an executive director of Success Dragon International Holdings Limited, from June 2020 to July 2021.