The board of directors of China ZhongDi Dairy Holdings Company Limited announced the resignation from Mr. Joseph Chow on 23 June 2020. Mr. Chow resigned as an independent non-executive director of the Company due to work change and his wish to devote more time to other work commitments. Mr. Chow also resigned as a chairman of the audit committee and a member of the nomination committee of the Company. Following the resignation of Mr. Chow, the Board announced the appointment of Mr. Zhang Juying Jerry as an independent non-executive director of the Board, the chairman of the audit committee and a member of the nomination committee of the Company on 23 June 2020, with effect from 23 June 2020. Mr. Zhang, aged 59, has been a managing director of China Orient Asset Management (International) Holding Limited since March 2015.