Announcement on the Change of Chairman
The company and all members of its Board of Directors guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
On December 15, 2016, the Board of Directors received a written resignation letter from Mr. He Ming, the Chairman of the Board. Due to work adjustments, Mr. He decided to resign from his positions as Director and Chairman of the company. After his resignation, Mr. He will no longer hold any position in the company. Mr. He did not hold any shares in the company.
According to the Company Law and the Articles of Association, Mr. He's resignation did not result in the number of Board members falling below the legal minimum, and his resignation will not affect the normal operation of the Board. The resignation report takes effect from the date it is delivered to the Board of Directors.