The board of directors of Best Food Holding Company Limited announced that, with effect from January 4, 2017, Mr. Xian Shunxiang has resigned as an independent non-executive Director; and Mr. Leung Kwai Kei has been appointed as an independent non-executive Director. Mr. Xian has resigned as an independent non-executive Director due to his own other engagement. Before joining the Company, Mr. Leung worked in McDonald's Restaurants (HK) Limited and McDonald's China Company Limited from 1988 to 2012, and used to play managerial roles in various departments. Following the change of the Directors, with effect from January 4, 2017, the composition of the Board committees of the company has changed as follows: Mr. Xian resigned as a member and the chairman of the audit committee of the company. Mr. Leung was appointed as a member and the chairman of the Audit Committee. With effect from January 4, 2017, the Audit Committee comprises Mr. Leung, Mr. Heng Victor Ja Wei and Mr. Tsang Hin Man Terence; Mr. Xian resigned as a member and the chairman of the remuneration committee of the company. Mr. Leung was appointed as a member and the chairman of the Remuneration Committee. With effect from January 4, 2017, the Remuneration Committee comprises Mr. Leung, Mr. Wang Xiaolong and Mr. Heng Victor Ja Wei; and Mr. Xian resigned as a member of the nomination committee of the company. Mr. Leung was appointed as a member of the Nomination Committee. With effect from January 4, 2017, the Nomination Committee comprises Mr. Zhao John Huan, Mr. Leung and Mr. Tsang Hin Man Terence.