Hangzhou Jiebai Group Co Limited announced that at its directorate meeting held on May 26, 2017 approved the election of Tong Minqiang as chair of ninth Directorate and election of Zhou Zili and Yu Yong as Vice Chair of Directorate, the appointment of Zhou Zili as General Manager and the appointment of Bi Ling as Secretary to directorate and Appointing Shen Jin as representative of Securities Affairs.