WeTrade names Lina Jiang as new CEO, Xiaodong An as new acting CFO

On June 30, 2023, received the resignation letters of directors Biming Guo, Ning Qin, Yuxin Ye, Grace Li, CEO Hechun Wei, and CFO Annie Huang. On September 22, 2023, the new board of directors of the company, consisting of Zheng Dai, Xianzhi Liu and Daxue Li, appointed Lina Jiang as the new CEO and Xiaodong An as the new acting CFO. The company hereby announces that after June 30, 2023 any business contract signed by the any of the Former Directors and Officers is invalid and null. On August 14, 2023, WeTrade Group Inc. established a wholly-owned subsidiary, WeTrade Bit Technology Limited, in Hong Kong. WBT’s sole director is Hechun Wei. The company hereby announces that any and all of the commercial contracts entered by WBT with Hechun Wei as the signatory have not been properly authorized and therefore invalid, null and non-binding to WBT.