OKG Technology Holdings Limited announced appointment of Zhang Chao as executive Director; and resignation of Xu Mingxing as non-executive Director. The board of directors announced that Zhang Chao has been appointed as an executive Director with effect from January 31, 2022. Mr. Zhang, aged 34, is currently the legal representative and director of each of three indirect subsidiaries of the Company, namely Beijing OKG Network Technology Co.

Ltd., Beijing OKG Network Information Co. Ltd., and Jinan OKLink Technology Co. Ltd. He joined the Group in February 2019.

During the period from June 2016 to October 2018, Mr. Zhang was the founding partner of MX Digital. From September 2015 to June 2016, Mr. Zhang served as a product manager of Alipay (China) Network Technology Co. Ltd. The Board also announces that Mr. Xu Mingxing has tendered his resignation as a non-executive Director with effect from January 31, 2022 due to his other business commitments which require more of his attention and dedication.