The Board of directors of Mobvista Inc. announced that Mr. DUAN Wei has resigned from his position as the chief executive officer of the Company with effect from 14 January 2021 due to the complete and mature development of the Company's decision-making mechanism, governance structure and operating system and his determination to focus on the Company's innovative business strategic planning and ecological business layout. Mr. DUAN will remain as the chairman of the Board and an executive director and the chairman of the nomination committee of the Company. Mr. DUAN has confirmed that he has no disagreement with the Board, and there is no matter relating to his resignation as the CEO of the company that needs to be brought to the attention of the shareholders of the Company. The Board announced that Mr. CAO Xiaohuan, the president and an executive director of the Company, has been appointed as the CEO of the company in replacement of Mr. DUAN with effect from 14 January 2021.