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Pan Zhiyong will no longer serve as OSL CEO, but will continue to serve as chairperson of the board and executive director

OSL Group, a Hong Kong-listed company, released an announcement to disclose that Mr. Pan Zhiyong, the chairperson of the board, executive director and chief executive officer, will no longer serve as the chief executive officer of the company since August 5, 2014, and will continue to serve as the chairperson of the board and executive director of the company to focus on corporate strategy, board governance, overseas mergers and acquisitions and policy partnerships. Mr. Pan Zhiyong said that despite the volatile market and many uncertainties in the macro economy, OSL's digital asset trading and blockchain platform business still maintained a strong performance and made steady progress. Not only did it not back down but once again showed strength and resilience.