The board of directors of Silk Road Logistics Holdings Limited announced that Mr. Zhou Hao has resigned as a non-executive Director with effect from 2 June 2020 as he would like to pursue other business opportunities. The Board announced that Mr. Qin Bo has been appointed as a non-executive Director with effect from 2 June 2020. Mr. Qin, aged 32, will responsible for business development of the Group, he graduated from Shanghai Jiao Tong University with a bachelor's degree in engineering, and obtained a master's degree in engineering from Tongji University.