The board of directors of Jiangsu NandaSoft Technology Company Limited announced that Mr. Yin Shou Rong ("Mr. Yin") and Mr. Yao Gen Yuan ("Mr. Yao") have decided to retire since expiration of their current term of office falling on 5 May 2019. Mr. Yin has retired as the Non-Executive Director and member of remuneration committee and Mr. Yao has retired as supervisor and the Chairman of the Supervisory Committee with effect from 5 May 2019.