The board of directors (the "Board" or the "Directors") of Global Token Limited announced that Mr. Qin Hui ("Mr. Qin") has been appointed as an independent non-executive Director and member of audit committee, nomination committee, remuneration committee and corporate governance committee of the Board with effect from 29 March 2019. Mr. Qin is currently a professor of Department of Politics and Administration of The Chinese University of Hong Kong. Prior to his service in The Chinese University of Hong Kong, he was the professor of history and doctoral tutor of the Humanities and Social Sciences Academy of Tsinghua University in 1995. In 2015, Mr. Qin founded the Research Center for Social Innovation and Modern History of Tsinghua University and served as the director of the center and chairman of the academic committee.