The Board of Nanjing Sample Technology Company Limited has resolved that Mr. Zhu Xiang's resignation as the chief executive officer of the Company shall be effective from 7 July 2020 and Mr. Ma Fengkui has been appointed as the chief executive officer of the Company with effect from 7 July 2020. From November 2014 to November 2017, Ma Fengkui served as assistant to the chairman of Nanjing Sample Technology Company Limited and from November 2017 to January 2020, he worked for several subsidiaries of Sample Group, the controlling shareholder of the Company, as the general manager of Jiangsu Cross-border e-Commerce Services Co. Ltd., general manager of Sumpower Gsun Holdings Limited and general manager of Sumpower Gsun Xiangyun Technology Services Co. Ltd. Mr. Ma has been assistant to the chairman of the Company since February 2020.