Hello Pal International Inc. announced the appointment of Zhou Gang as a board director, following the signing of the Cooperation Agreement between the Company and Vortex Live Inc. (Vortex) announced January 29, 2019. Mr. Zhou brings to the Company over 10 years of experience in the live video broadcasting industry, having served in senior management roles in prominent China live streaming companies in the past including Hangzhou Fuliao Technology Company and Zhejiang Pajia Network Technology Company both as Chief Operating Officer, as well as Tiange Interactive Holdings as Operations Manager. The Company also announced changes to its management team to help with the Company's increased focus on the live-
streaming business. Company founder KL Wong will step down as CEO and President of the Company and assume the position of Chairman of the Board. Mr. Zhou will take up the position of President of the Company, and Mr. Wong will serve as interim CEO until a suitable replacement has been found. Daniel Kou is stepping down as Chief Technology Officer of the Company and will be replaced by Huang Jingsu (also known as Jason Huang). Mr. Huang is another veteran of the live-streaming industry with over 10 years of experience in the industry. He most recently served as CTO at Pajia where he led the development of the company's live-streaming platform from scratch, which ultimately served over 10 million registered users and successfully sustained over 500,000 daily active users. Joining Mr. Zhou and Mr. Huang at Hello Pal include will be some of their former colleagues at their previous companies, giving the Company a very seasoned management team with a proven track record at delivering successful products and revenues in the live-streaming industry.