On August 10, 2020, the Registrant’s Chief Executive Officer (the “CEO”) Mr. Zhigang Liu submitted his resignation as CEO to the Board of Directors (the “Board”). There is no disagreement between Mr. Zhigang Liu and the Registrant. (Mr. Liu will continue to serve as the Chair of the Board. The Board accepted the resignation and appointed Mr. Junfeng Wang as the Registrant’s new CEO. The engagement was effective on August 10, 2020.)
Mr. Wang worked as a Technical Director with Beijing Chenglianxin Technology Co., Ltd., Internet in Logistics Platform section from 2016 to July 2020. From 2015 to 2016, he held the same type of technical director position with Juewei Group Beijing Digital Marketing Center in the Food Processing Department. Mr. Wang holds an MBA degree from Beijing University of Posts and Telecommunications.
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