China Tangshang Holdings Limited announced that Mr. Chen Gengxian has tendered his resignation as the executive director and chief executive officer of the company with effect from 31 July 2018 to devote more time to personal commitment and other business. Mr. GX Chen has confirmed that he did not have any disagreement with the Board and there is no other matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. The Board announced that, Mr. Zhou Houjie, a current executive Director of the company, will be appointed as the acting chief executive officer of the Company, with effect from 31 July 2018 until the Board appoints a new Chief Executive Officer.