Doumob — Board/Management Information 2019

Sep 12, 2019

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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Doumob 豆盟科技有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 1917)

CHANGE OF DIRECTORS

The Board announces the following changes with effect from 12 September 2019:

1. Ms. CHEN Xiaona resigned as an executive Director and re-allocated to a position in the Strategy Department;

2. Mr. ZHENG Shunqi resigned as an executive Director and re-allocated to a position in the Strategy Department;

3. Mr. HUANG Kewang is appointed as an executive Director and co-chief executive officer; and

4. Ms. ZHOU Zoe is appointed as an executive Director and vice president.

RESIGNATION OF DIRECTORS

The board (the “ Board ”) of directors (the “ Directors ”) of Doumob (the “ Company ”) announces that with effect from 12 September 2019, Ms. CHEN Xiaona (“ Ms. CHEN ”) and Mr. ZHENG Shunqi (“ Mr. ZHENG ”) have resigned from executive Directors because of the structural reorganisation of the Company and both of them will be taken up positions in the Strategy Department of the Company. Each of Ms. CHEN and Mr. ZHENG has confirmed that they have no disagreement with the Board and there is no matter relating to their resignations that need to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited.

The Board would like to express its sincere gratitude to Ms. CHEN and Mr. ZHENG for their valuable contributions to the Company during their tenure of office.

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APPOINTMENT OF DIRECTORS

The Board announces that with effect from 12 September 2019, Mr. HUANG Kewang (“ Mr. HUANG ”) is appointed as an executive Director and co-chief executive officer of the Company, and Ms. ZHOU Zoe (“ Ms. ZHOU ”) is appointed as an executive Director and vice president of the Company.

Mr. HUANG Kewang

Mr. HUANG, aged 28, is the chief product officer and served as the chairman of the supervisory committee of Doumob (Beijing) Technology Co., Ltd, a subsidiary of the Company, since 2016 and is appointed as an executive Director and co-chief executive officer of the Company on 12 September 2019. He has over 6 years’ working experience in this industry.

Mr. HUANG received his bachelor’s degree in automation from Beijing Institute of Fashion Technology in 2013.

Mr. HUANG is interested in 172,526 restricted share units which was granted by the Company under the restricted share unit scheme adopted by the Company on 14 August 2018.

Save as disclosed above, Mr. HUANG confirms that as at the date of this announcement, he (i) did not hold any directorships in the last three years in public companies the securities of which are listed on any securities market in Hong Kong or overseas; (ii) does not hold any other positions with any member of the group; (iii) does not have any relationships with any directors, senior management or substantial or controlling shareholders of the Company nor any interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong); and (iv) is not aware of any additional information that is required to be disclosed pursuant to paragraphs (h) to (v) of Rule 13.51(2) of the Rules Governing the Listing of Securities on the Stock Exchange.

Pursuant to the letter of appointment entered into between the Company and Mr. HUANG, the term of appointment of Mr. HUANG is three years, subject to retirement and re-election in accordance with the articles of association of the Company. Mr. HUANG will receive a director’s remuneration of HK$120,000 annually which was determined with reference to the recommendation of the remuneration committee of the Company taking into account of his duties and responsibilities with the Company, his experience and the prevailing market conditions.

Ms. ZHOU Zoe

Ms. ZHOU, aged 35, joined our group in March 2019 as chief marketing officer. Prior to the joining of our group, Ms. ZHOU has more than 10 years’ working experience in media industry.

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Ms. ZHOU received her bachelor’s degree in finance from the University of Adelaide in 2007 and her master’s degree in communications from the University of Sydney in 2009.

Save as disclosed above, Ms. ZHOU confirms that as at the date of this announcement, she (i) did not hold any directorships in the last three years in public companies the securities of which are listed on any securities market in Hong Kong or overseas; (ii) does not hold any other positions with any member of the group; (iii) does not have any relationships with any directors, senior management or substantial or controlling shareholders of the Company nor any interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong); and (iv) is not aware of any additional information that is required to be disclosed pursuant to paragraphs (h) to (v) of Rule 13.51(2) of the Rules Governing the Listing of Securities on the Stock Exchange.

Pursuant to the letter of appointment entered into between the Company and Ms. ZHOU, the term of appointment of Ms. ZHOU is three years, subject to retirement and re-election in accordance with the articles of association of the Company. Ms. ZHOU will receive a director’s remuneration of HK$120,000 annually which was determined with reference to the recommendation of the remuneration committee of the Company taking into account of her duties and responsibilities with the Company, her experience and the prevailing market conditions.

The Board takes this opportunity to welcome Mr. HUANG and Ms. ZHOU as a member of the Board.

By order of the Board Doumob YANG Bin Chairman and Executive Director

Hong Kong, 12 September 2019

As at the date of this announcement, the executive Directors of the Company are Mr. Yang Bin, Mr. Huang Kewang, Ms. Shi Hui and Ms. Zhou Zoe; the non-executive Director of the Company is Ms. Wang Ge; and the independent non-executive Directors of the Company are Mr. Chan Yiu Kwong, Mr. Liu Binghai and Mr. Wang Yingzhe.

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