The board of directors of China Yu Tian Holdings Limited announced that (i) each of Mr. Tang Xiguang ("Mr. Tang") and Mr. Zhao Haibo ("Mr. Zhao") has resigned as an executive Director with effect from 15 June 2020, as each of them wishes to devote more time to his own personal developments; and (ii) Mr. Huang Zhiwei ("Mr. Huang") has resigned as an independent non-executive Director, the chairman of the remuneration committee of the Company (the "Remuneration Committee") and a member of the audit committee (the "Audit Committee") and nomination committee (the "Nomination Committee") of the Company with effect from 15 June 2020, as he wishes to devote more time to his own personal developments. Mr. Wang Jindong, an executive director of the Company, has been appointed as a member of the Nomination Committee with effect from 15 June 2020.