Chaoda Modern Agriculture (Holdings) Limited announced that the following changes in directorship, the composition of the Nomination Committee, Remuneration Committee and Audit Committee of the company with effect from 1 March 2020: Mr. Chan Yik Pun (Mr. Chan) has tendered his resignation as an independent non-executive director of the company and a member of each of the Nomination Committee, Remuneration Committee and Audit Committee of the company with effect from 1 March 2020 in order to devote more time to pursue his other business commitments. Mr. Chan confirmed that he has no disagreement with the Board, and there are no matters relating to his resignation that need to be brought to the attention of The Stock Exchange of Hong Kong Limited (the Stock Exchange) and the shareholders of the company. The Board further announces that with effect from 1 March 2020: Professor Lin Shun Quan, the independent non-executive director of the company, has been appointed as member of each of the Nomination Committee and Audit Committee of the company; and Mr. Kuang Qiao, the executive director of the company, has been appointed as member of the Remuneration Committee of the company.