The Board SHIS Limited announced that Mr. Yao Yongjie has been appointed as an executive director and Mr. Teng Rongsong has been appointed as a non-executive director with effect from May 30, 2018. Mr. Yao is currently the chairman of a private equity investment company, Hangzhou Tunlan Investment Management Co. Ltd. and the chairman of an investment holding company, Hangzhou Grand Shores Investment Management Co. Ltd. Mr. Teng is the chairman of Fission Digital Asset Management Advisory Ltd. Mr. Teng had been the chairman, the chief executive officer and the executive director of China Development Bank International Investment Limited. The new directors shall hold office until the next annual general meeting of the company. and shall then be eligible for re-election, and are also subject to retirement by rotation and re-election at annual general meetings in accordance with the Articles of Association of the Company and the Rules Governing the Listing of Securities on the Stock Exchange.