The board of directors of CNC Holdings Limited announced that Mr. Jin Hai Tao has tendered his resignation as an independent non-executive Director, the chairman of the remuneration committee of the company and a member of each of the audit committee the nomination committee and the risk management committee of the company, all with effect from 21 December 2017 due to his other business commitments which require more of his attention and dedication. The Board further announced that, on the same date, Mr. Zou Chen Dong has ceased to be a member of the Nomination Committee with effect from 21 December 2017 due to his other business commitments which require more of his attention and dedication. Mr. Zou will remain as an executive Director, the compliance officer and authorised representative of the Company prior to his resignation which takes effect from 7 March 2018.