The Board of IDT International Limited announced the following changes in the Company's directorship with effect from 18 October 2018: Each of Mr. Foo Piau Phang has resigned as an executive Director, chairman of Board, chairman of Executive Committee, chairman of Nomination and Corporate Governance Committee and will cease to be an authorised representative. Ms. Ouyang Jiejiao has resigned as an executive Director and member of Executive Committee but still takes the role of management. Mr. Duh Jiabin has resigned as an independent non-executive Director, chairman of the Remuneration Committee and a member of Nomination and Corporate Governance Committee and the Audit Committee. Mr. Yang Xiongsheng has resigned as an independent non-executive Director, chairman of the Audit Committee. Mr. Xu Chiming has been appointed as an executive director, chairman of Board, chairman of Executive Committee, chairman and Nomination and Corporate Governance Committee and an authorised representative; Mr. Zhu Yongning has been appointed as an executive Director, member of Executive Committee. Mr. Zhou Meilin has been appointed as an independent non-executive Director, chairman of Audit committee and a member of nomination and corporate governance committee. Mr. Zhou Rui has been appointed as an independent non-executive Director, Chairman of the Remuneration Committee and a member of the Audit Committee. Mr. Xu, aged 59, is an independent non-executive director of Christine international holdings limited since 31 August 2018. Mr. Xu served as the chief representative of China region of the Hong Kong Parkview Group Limited from March 2004 to December 2017. He has also held the position of a director of Jiangsu International Cultural Exchange Center since August 2004. Mr. Zhu has over 25 years of working experience in the financial sector. Form 2015, Mr. Zhu served as the chairman of Jiangsu Nandasoft Technology Company Limited. Mr. Zhu has also served as the chairman of Guotai Junan Asset Management Co. Ltd. from 2006 up to present. Since January 2016, Mr. Zhou joined Jiangsu Deqing law firm as lawyer. Before that, Mr. Zhou worked for Nanjing Xuanwu Tax Bureau from July 1985 to December 2015, took the different positions including tax administration, tax collection and management, financial management, tax audit (From 1995 to 1996, Mr. Zhou worked for Nanjing Shicheng Accounting (Tax) firm.). Mr. Zhou Rui, aged 33, is the vice president of China Galaxy Securities, mainly responsible for business development and providing investment, fund-raising consultant service to public and private company. During August 2012 to February 2014, Mr. Zhou Rui worked in Beijing Hony Future Investment Advisor Ltd. as a senior manager, responsible for finding right investment project, executing due diligence and investment and after investment management. Before that, Mr. zhou Rui served as supervisor of China International Capital Corporation Limited, responsible for securities trading system's design and testing.