February 28，Caesar Travel issued an announcement，Due to personal reasons，Mr. Liu Jiangtao resigned as chairman of the company、188bet mobile login and their related positions in the special committees of the board of 188bet mobile login，No longer holds other positions in the company after resignation，The resignation report takes effect from the date it is delivered to the board of 188bet mobile login。

Same day，The company held the 38th meeting of the ninth board of 188bet mobile login via communication，Deliberated and approved the "Proposal on Nominating Candidates for 188bet mobile login of the Company"，The company’s board of 188bet mobile login agrees to elect Ms. Zhang Rui as a director candidate for the company’s ninth board of 188bet mobile login，This proposal still needs to be submitted to the company’s shareholders’ meeting for review 。

Company representation，Verified，The reason for Liu Jiangtao’s resignation is consistent with the actual situation。Mr. Liu Jiangtao’s resignation will not cause the company’s board of 188bet mobile login to fall below the legal minimum number；The company’s board of 188bet mobile login has made follow-up arrangements for the by-election of 188bet mobile login，The resignation of Mr. Liu Jiangtao will not affect the normal operation of the board of 188bet mobile login and the orderly development of production and business activities。

Ms. Zhang Rui has the qualifications suitable for the exercise of her powers，Meet the qualifications for company directorship，No circumstances specified in Article 146 of the Company Law were found，And the situation of being determined as a market ban by the China Securities Regulatory Commission，His qualifications are in compliance with the Company Law、Provisions on director qualifications in the "Articles of Association"。Agree to elect Ms. Zhang Rui as director of the company。

As understood，October 14, 2020，Caesar Sega 188bet mobile login and Culture Development Group Co., Ltd. issued an internal announcement，Liu Jiangtao becomes CEO of Caesars Group。Liu Jiangtao also served as executive chairman of HNA Caesars 188bet mobile login Group Co., Ltd.、Managing Director of Yili Resources Group Co., Ltd.、Vice Chairman of Secoo Group and other positions。2019，Nominated by controlling shareholder Caesar Sega，Liu Jiangtao serves as executive chairman of Caesars 188bet mobile login。