Bilibili Inc. announced the appointment of two new independent directors to its board of directors: Mr. Wenji Jin and Mr. Feng Li, both effective February 26, 2019. Following the appointments, the Board consists of seven members, four of whom are independent directors. Mr. Wenji Jin will also serve as a member of the audit committee, a member of the compensation committee, and a member of the nominating and corporate governance committee of the Board. Mr. Wenji Jin previously served as director from May 2016 to April 2018. Mr. Jin is a managing director at Legend Capital. Mr. Jin has held various positions at Legend Capital since 2007. Prior to joining Legend Capital, Mr. Jin served as a senior manager in the software development department at Synopsys Inc. Mr. Feng Li previously served as director from November 2014 to May 2016. Mr. Feng Li is the founder and chief executive officer of Shanghai Ziyou Investment Management Limited, also known as FreeS Fund, a venture capital firm that primarily invests in early and growth stage startups in China and overseas, focusing on fintech, artificial intelligence and biotech industries. Prior to founding FreeS Fund, Mr. Li worked as a partner of China TMT investment department at IDG Capital.