The board of directors of SMI Culture & Travel Group Holdings Limited announced that Mr. Fan Jiadong has been appointed as an executive Director and chief operating officer of the Group, with effect from 1 October 2019. Mr. Fan has worked for various subsidiaries of SMI Holdings Group Limited since July 2011, taking senior managerial positions of SMI Holdings Group, including president of sales and marketing department and general manager of theatre management center. Mr. Fan has accumulated over eight years of extensive experience in merger and acquisition, operation, management, sales and marketing in theatre operation and retail business. Mr. Fan will not be appointed for a specific term and he is subject to retirement by rotation and re-election in accordance with the Company's bye-laws.