On January 11, 2018, ChinaNet Online Holdings, Inc. hired Zhongyi Liu as Chief Strategy Officer to head the company’s blockchain strategic planning and related business development. Mr. Zhongyi Liu, the co-founder of a BitCoin company, FuDeShu.com. In 2017, he originated “Blockchain+” a model that solved the puzzle of operating blockchain in large-scale businesses hoping to create a dynamic business ecosystem.