The board of directors of Leyou Technologies Holdings Limited announced that Mr. Wong Ka Fai Paul resigned as an executive Director of the Company with effect from 14 March 2017 as he would like to spend more time pursuing his business. The Board also announced that Mr. Gu Zhenghao has been appointed as an executive Director with effect from 14 March 2017. Mr. Gu Zhenghao has over 20 years of experience in the banking and investment industry. Mr. Gu worked in China Construction Bank Co. Ltd. Shenzhen Branch from July 1992 to July 2013, and also worked in Shenzhen Zhanfei Investment Limited from August 2013 to March 2016. Mr. Gu serves as the Risk Management Controller at Shenzhen Tise Capital Management Limited since April 2016.