The board of directors of Value Convergence Holdings Limited announced that, with effect from 22 January 2018: Mr. Chung Chi Shing, Eric has been appointed as the Chairman of the company. Chung is currently an executive director and a substantial shareholder of the company. He is also a member of the executive committee of the company. Mr. Zhou, Francis Bingrong has been appointed as an executive Director and Vice Chairman of the company. On the same date, he has also been appointed as a member of the executive committee of the company. Mr. Zhou, Francis Bingrong is currently the president of Silk Road Energy Services Group Limited. He was Vice Chairman and executive director of Silk Road from 11 March 2016 to 21 January 2018. Prior to joining the Silk Road, Mr. Zhou has held senior equity research positions with prominent regional and China-based investment banks, such as China International Capital Corporation (HK) Limited and Daiwa Capital Markets Hong Kong Limited.