The board of directors of Prosper Construction Holdings Limited announced that Mr. Zhu Jiangfeng and Mr. Xue Qingfu have tendered their resignation as executive Directors of the Company with effect from 7 May 2019 in order to allocate more time to their other work affairs. Mr. Yang Zhenshan ("Mr. Yang") and Mr. Jiang Shuang ("Mr. Jiang") have been appointed as executive Directors of the Company with effect from 7 May 2019. Mr. Yang He has been serving as the executive deputy general manager of Qingdao West Coast Construction & Development (Group) Co. Ltd., since July 2018. He was appointed as the general manager of Qingdao West Coast Construction & Development Co. Ltd. since December 2015. From February 2014 to December 2015, he served as the deputy general manager of Qingdao West Coast Construction & Development Co. Ltd. From November 2012 to February 2014, he worked as a project manager of Qingdao West Coast Construction & Development Co. Ltd. Mr. Jiang is currently the legal representative of Qingdao Rongfuhuijin Asset Management Co. Ltd., authorised risk control officer of Qingdao Jufuhuiyin Asset Management Co. Ltd. and a director of Qingdao West Coast Property Development Co. Ltd. and has over 10 years of experience in accounting and financial management. From January 2018 to July 2018, he served as the deputy general manager of Qingdao West Coast Finance Development Co. Ltd. From April 2016 to January 2018, he has been serving as the vice minister of financial management department of Qingdao West Coast Development (Group) Limited and simultaneously serving as deputy general manager and the chief financial officer of Qingdao West Coast Holding Development Limited. The Board further announced the following changes to the composition of nomination committee and risk management committee with effect from 7 May 2019: Mr. Zhu resigned as member of nomination committee of the Board, Mr. Yang was appointed as member of nomination committee of the Board; and Mr. Xue resigned as member of risk management committee of the Board, Mr. Jiang was appointed as member of risk management committee of the Board.