The board of directors of Global Energy Resources International Group Limited announced that subject to the Immigration Department of the Hong Kong Special Administrative Region issuing employment visa to each of Ms. Cheng Dan, Dr. Pang Huadong and Dr. Xing Dadi, Ms. Cheng, Dr. Pang and Dr. Xing will be appointed as the chief investment officer, chief operation officer and chief marketing officer of the company respectively with effect from the next business day after each of their Employment Visa is issued by the Immigration Department. Further announcement will be made by the company upon the Employment Visas are issued to Ms. Cheng, Dr. Pang and Dr. Xing respectively by the Immigration Department. Ms. Cheng has over 11 years of experience in the industry of financial projects, financial services and financial investment. Prior to joining the Group, she was the chief executive officer of Beijing Tsingnuo Technology Company Limited between June 2016 and December 2017. Dr. Pang has extensive experience in building models and strategies for various financial products and services in the financial industry. Prior to his appointment, he was a manager of Advisory Services Practice of Ernst & Young LLP between June 2015 and February 2016 and was a quantitative analyst/the chief quantitative strategist of Saiers Capital, LLC (formerly known as Alphabet Management, LLC) between March 2011 and June 2015. Dr. Xing has over 10 years of experience in software development projects, data modelling and research and development in the financial industry. He is currently the chief technology officer of Beijing Eigen Technology Ltd. since October 2016.