Forgame Holdings Limited Announces Re-designation of Diao Guoxin as Acting Chief Executive Officer

Forgame Holdings Ltd is an investment holding company principally engaged in the trading of electronic equipment and semiconductors. The Company operates mainly in two segments: Electronic Equipment and Semiconductor Business segment and Game Business segment. The Electronic Equipment and Semiconductor Business segment is engaged in the sales of electronic equipment and semiconductors, such as storage devices and hard disk drives, primarily to corporate and industrial customers. The Game Business segment is principally engaged in the research and development of web games and mobile games.