The board of directors of FU JI Food and Catering Services Holdings Limited announced that Mr. Huang Shourong has due to his health reasons decided to step down as Chairman of the Board on 24 June 2016. Mr. Huang shall remain as an executive Director of the company. The Board announced that Mr. Pan Junfeng, an existing executive Director will take over as new Chairman, through election by the Directors in accordance with the articles of association of the company on 24 June 2016. Mr. Pan, aged 59, has been appointed as an executive Director since 24 September 2014. He is currently the deputy general manager of a shipping company that principally engaged in oil and bulk goods trading business in Yangtze region, the PRC. He was an executive director of Yuan Heng Gas Holdings Limited from 14 December 2010 to 23 September 2014. The Board announced that Mr. Tang Dacong has been appointed as an executive Director with effect from 24 June 2016. From 1998 to 2013, Mr. Tang was running his own food materials upstream and downstream trading business. Mr. Tang was previously chairman of (Guangxi Meitong Foods Co. Ltd.) for the period from December 2013 to mid-June 2016 and he resigned from the position after Guangxi Meitong has sold (Wuxi Meitong Food Technology Co. Ltd.) to the company.