The board of directors of AAC Technologies Holdings Inc. announce that Mr. PENG Zhiyuan and Mr. ZHANG Hongjiang have been appointed as independent non-executive Directors of the company with effect from 1 January 2019. Mr. PENG Zhiyuan is currently the Global Strategy Officer for Sands Capital Management, appointed in 2017. Mr. ZHANG Hongjiang is currently a venture partner of Source Code Capital and an Advisor to ByteDance Ltd, both appointed in 2016. In 2018, he was appointed as a Senior Advisor to The Carlyle Group's Asian private equity platform.