China Innovationpay Group Limited Announces Resignation of Wang Zhongmin as Independent Non-Executive Director and Member of Each of the Audit Committee, Remuneration Committee and Nomination Committee

China Innovationpay Group Limited announced that Mr. Wang Zhongmin resigned as an independent non-executive Director and a member of each of the audit committee, remuneration committee and nomination committee of the Company with effect from 8 March 2018 as he would like to devote more time on his other business commitments.