Mr. Chen resigned as the chief executive officer with effect from 6 January 2017 so as to dedicate his time in the management of companies invested by Shenzhen Success Number One Equity Investment Fund and in the exploration of financial services extended from the consumer finance, micro finance and property transactions as well as the fund-modelled leverage financing. Mr. Chen will remain as an executive director. The board is also announced that it has appointed Ms. Fu as an executive director and the chief executive officer for a term of three years with effect from 6 January 2017.

Ms. Fu Jie has accumulated rich practical experience and work achievements in areas from 1985 such as large group management, direct investment, asset management, capital operation and modern financial services through her long employment history in state organs, central enterprises, national investment companies and financial holding groups. Since 2014, Ms. Fu has served as the president of Success Investment Holdings Company Limited. The board announced that it has re-designated Mr. Pang as an executive director with effect from 6 January 2017.

Mr. Pang Haoquan was appointed as the non-executive director on 18 October 2013. Mr. Pang invested in the Group as a shareholder of Guangdong Success Finance Guarantee Company Limited in February 2001. Mr. Pang is also a director of each of Guangdong Success Finance Guarantee Company Limited, Success Investment Holdings Company Limited and Guangdong Jiayou Network Technologies Limited.