Champion Technology Holdings Ltd. announced that Mr. Cheng Yang has been appointed as an executive director of the company and the chairman of the board, with effect from 3 October 2016. The company announced that, Mr. Leo Kan Kin Leung has tendered his resignation as an executive director of the company, with effect from 3 October 2016 due to retirement. The company announced that Mr. Lai Yat Kwong has tendered his resignation as an executive director of the company, with effect from 3 October 2016 due to retirement. Each of Mr. Kan and Mr. Lai has confirmed that he has no disagreement with the board and there are no other matters relating to their respective resignation that need to be brought to the attention of the shareholders of the company. The company announced that Mr. Cheng Yang has been appointed as an executive director of the company and the chairman of the board, with effect from 3 October 2016. The company announced that Mr. Liu Ka Lim has been appointed as an executive director of the company, with effect from 3 October 2016.