The board of directors of Elife Holdings Limited announced that with effect from 4 January 2017, (i) Ms. Geng Ying resigned as a non-executive Director and the Honorable Chairman to devote more time to her other commitments and (ii) Mr. Li Du resigned as a non-executive Director as he would like to focus on the international trading business of the Group. Following their resignation, Ms. Geng will remain as a senior consultant and the chairman of the consultant committee of the company while Mr. Li will remain as the general manager of the international business division of the Group.