The board of directors of Peace Map Holding Limited announced that Mr. Guan Hongliang has tendered his resignation as an executive Director with effect from 19 July 2019 due to his personal commitments. Following his resignation as an executive Director, Mr. Guan ceased to be the chairman of the Board and chairman of the executive committee of the Company. Mr. Guan has confirmed that he did not have any disagreement with the Board and he is not aware of any matters in relation to his resignation that need to be brought to the attention of the shareholders of the Company. The Board would like to express its gratitude to Mr. Guan for his contribution to the Company during his tenure of service.