The China Opto Holdings Limited announced that Dr. Lam resigned as the Chairman of the Board and the chairman of the Nomination Committee of the company. Mr. Wang Liang, the Executive Director, has been appointed as the Chairman of the Board and the chairman of the Nomination Committee of the company following the resignation of Dr. Lam with effect from 23 January 2017. The Board further announced that Dr. Lam resigned as a member of the Remuneration Committee of the company and Mr. Wang has been appointed as a member of the Remuneration Committee of the company with effect from 23 January 2017. Wang has been appointed as an Executive Director of the company on 1 September 2016. He is a member of the Executive Committee of the company and also serves as a director of several subsidiaries of the company.