The board of directors of Shanghai Dasheng Agriculture Finance Technology Co., Ltd. announced that Mr. Qian Di (Mr. Qian) has resigned as the acting chief executive officer of the company with effect from 11 February 2019 due to his other work arrangement. Mr. Qian will continue to act as the company secretary of the company. The board announced that Mr. Wang Liguo (Mr. Wang), an executive director and the vice president of the company, has been appointed as the chief executive officer of the company with effect from 11 February 2019. Mr. Wang is expected to enter into a separate service contract with the company for his role as the chief executive officer of the company. Mr. Wang Liguo, aged 56, has served as executive director and vice president of the company since June 2014. He is a senior engineer in the People's Republic of China. He is also a director and general manager of certain subsidiaries of the Group. Mr. Wang has nearly 30 years' experience in the Chinese petroleum and petrochemical industries.