Wanjia Group Holdings Limited announced that Mr. Wang Jia Jun, being the executive Director, has been appointed as the chief executive officer of the Company with effect from 1 April 2020 and is responsible for setting the Company's corporate strategy development, capital operations, and operations management. Mr. Wang was appointed as the executive Director since 31 August 2018. Mr. Wang has entered into a director's service contract with the Company as an executive Director for a fixed term of three years commencing from 31 August 2018, subject to retirement by rotation and re-election in accordance with the articles of association of the Company.

He has 4 years of experience in the areas of business analysis and development across major cities in the PRC and was the Vice President of the Company since 1 August 2018 and was responsible for developing and implementing business strategies of the Company in the People's Republic of China. With effect from 31 March 2020, Mr. Chen Jinshan has resigned as the executive Director of the Company so as to allow him to devote more time on other work commitments.