The board of directors of Shanghai Jiaoda Withub Information Industrial Company Limited announced that the executive Director Mr. Liu Yuwen and the executive Director Mr. Zhu Kaiyong resigned as executive Director due to other business development and take effect from 29 June 2018. The Board nominates Mr. Zou Yimin and Ms. Xia Weiwei as the candidates of executive Director. Mr. Zou and Ms. Xia are not the existing executive Director, both of them agreed to be nominted as candidates. The term of Mr. Zou will be three years from 29 June 2018. The term of Ms. Xia will be three years from 29 June 2018. After the resignation of Mr. Liu, Mr. Zou was nominated to be appointed as chairman of the Board, chairman of the nomination committee and a member of the remuneration committee with effect from 29 June 2018.