The board of directors of Gome Finance Technology Co., Ltd. announced that Mr. Ding Donghua and Mr. Li Liangwen have retired as an executive Director and an independent non-executive Director, respectively, at the conclusion of the annual general meeting of the company held on 27 May 2019. Mr. Ding also ceased to be a member of the Nomination Committee of the company and Mr. Li also ceased to be the chairman of the Remuneration Committee and a member of the Audit Committee, Nomination Committee and Strategy Committee of the company. Mr. Ding will continue to serve the Group in his capacity as director of certain subsidiaries of the Company after his retirement as executive Director. Mr. Ding did not offer himself for re-election since he would like to concentrate on the daily business operations of the Group at the subsidiary level. Mr. Li did not offer himself for re-election in order to devote more time to his other business development. Each of Mr. Ding and Mr. Li has confirmed that he has no disagreement with the Board and that he is not aware of any matter in relation to his retirement as director of the Company that needs to be brought to the attention of the Shareholders. In light of the retirement of Mr. Ding and Mr. Li as Directors, the following changes in the Board committees have also been effected with effect from 27 May 2019: Mr. Wan Jianhua has been appointed as chairman of the Remuneration Committee of the Company; Ms. Wei Qiuli has been appointed as a member of the Remuneration Committee and a member of the Audit Committee of the Company; Mr. Hung Ka Hai Clement has been appointed as a member of the Remuneration Committee and Nomination Committee of the Company; Ms. Chen Wei has resigned as a member of the Remuneration Committee and has been appointed as a member of the Nomination Committee of the Company; and Mr. Zhang Liqing has resigned as a member of the Remuneration Committee and has been appointed as a member of the Strategy Committee of the Company.