The board of directors of Legend Holdings Corporation announced that the company has been informed that Beijing Lian Chi Zhi Yuan Management Consulting Center, has nominated, through its executive partner, Mr. NING Min as an executive director of the second session of the Board. Mr. NING has been nominated by the Board and the nomination committee of the Company as a candidate for executive director of the second session of the Board. An ordinary resolution by way of provisional motion to be proposed at the general meeting by Lian Chi Zhi Yuan, a shareholder holding more than 3% of the shares of the Company, in relation to the election of Mr. NING as an executive director will be considered at the second extraordinary general meeting of the company to be held on December 27, 2018. Mr. NING is currently a Senior Vice President, a member of the Executive Committee of the Company, the Chief Financial Officer, the Secretary of the Board and a Joint Company Secretary of the Company and receives overall remuneration including annual remuneration, mid-term to long-term incentives and benefits. Mr. NING will not receive any remuneration as an executive director or member of the Remuneration Committee during his term of office.