The board of directors of China Candy Holdings Limited announced that Mr. Xu Jinpei has resigned as an executive Director, the chairman of the Board and the chairman of the nomination committee of the Company with effect from 31 July 2017, due to his other working commitments which require more of his dedication. In addition the Board is announce that, Ms. Li Yuna the existing executive Director, has been appointed as the chairperson of the Board and the chairperson of the Nomination Committee with effect from 31 July 2017. Ms. Li is a Chartered Financial Analyst and has more than five years' experience in investment banks and the financial field. Prior to joining, she had worked in various renowned international financial institutions including Goldman Sachs (Asia) L.L.C, True Partner Holding Limited and Nomura International (Hong Kong) Limited. Ms. Li has been appointed as an executive Director on 30 December 2016.