China Lending Corporation announced that its President, Chief Executive Officer ("CEO") and Chairwoman of the Board of Directors, Ms. Li Jingping, resigned her position as CEO, effective November 30, 2019. Ms. Li will continue to serve as the President and Chairwoman of the Company's Board of Directors. The Company's Board of Directors has appointed Mr. Liu Zhigang, currently a vice president of the Company, to the CEO position, beginning December 1, 2019. Mr. Liu has served as a vice president and director of the company since March 26, 2019. Mr. Liu has more than 18 years of supply chain information and management consulting experience. Prior to joining the company, he excelled in a number of sales and marketing positions with several internet technology and computer software companies in China.