The board of directors of Fullshare Holdings Limited announced that Mr. Shi Zhiqiang has tendered his resignation as an executive Director and the chairman of the risk management committee of the company (the Risk Management Committee) with effect from 7 July 2018. Mr. Shi has tendered his resignation due to his other business engagements which require more time and dedication. Mr. Shi has confirmed that there is no disagreement between him and the Board and that there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited. Mr. Shi will continue his position in the management team of certain subsidiaries of the company. The Board announced that Ms. Du Wei has been appointed as an executive Director and the chairman of the Risk Management Committee with effect from 7 July 2018. Ms. Du has more than 15 years' experience in human resources and administration management. From 2012 to August 2016, Ms. Du worked as chairman office director and human resources director of Fullshare Group Limited. Since 1 September 2016, Ms. Du has been and is currently an officer of the human resources strategy committee of the Company. The Board hereby announced that an environmental, social and governance committee of the Board (the ESG Committee) has been established on 7 July 2018. Mr. Wang Bo, an executive Director, has been appointed as the chairman of the ESG Committee and Ms. Du, an executive Director, and Mr. Tsang Sai Chung, an independent non-executive Director, have been appointed as members of the ESG Committee, all with effect from 7 July 2018.