Razor Resources Inc. announced that on July 16, 2015, Meng Hao resigned as Chief Executive Officer, Principal Executive Officer, President and Secretary and as a member of the Board of Directors. Meng Hao's resignation was not due to any disagreement with the Company on any matter relating to its operations, policies or practices. On July 16, 2015, Zongfeng Dai was appointed as Chief Executive Officer, Principal Executive Officer, President and Secretary and as a member of the Board of Directors.

Since 2012, Mr. Dai has been and continues to be the Chairman Secretary, Senior Vice President of Qingdao Radio Youhan Internet Technology Ltd., an Internet TV products company which he founded. Mr. Dai is also the founder and current Chief Executive Officer for New Life TV Project.