The board of directors of Besunyen Holdings Company Limited announced that Mr. Wang Jing has tendered his resignation as an independent non-executive director, a member and the chairman of the audit committee, a member of the remuneration committee and a member of the nomination committee of the company with effect from October 20, 2016 due to devotion of more time to pursue his personal career development. Mr. Wang has confirmed to the board that he has no disagreement with the board and there is no other matter in relation to his resignation that needs to be brought to the attention of the shareholders of the company. The board also announced that Mr. He Yuanping has been appointed as an independent non-executive director, a member and the chairman of the audit committee, a member of the remuneration committee and a member of the nomination committee of the company with effect from October 20, 2016. Mr. He has been serving as a director, deputy general manager, chief financial officer and board secretary of Beijing OriginWater Technology Co. Ltd.