The board of directors of Kenford Group Holdings Limited announced that Mr. Yang Yubin has been appointed as an Executive Director with effect from 30 September 2017. Yang has extensive experience in finance and the internet industry in China. Further the company announced that Zhang Huijun ceased to be Chairman of the Board and remained as an Executive Director of the company, and Mr. Yang has been appointed as Chairman of the Board with effect from 30 September 2017.