The board of directors of Green Energy Group Limited announced that with effect from 1 September 2018, Mr. Yip Wai Leung Jerry has resigned as the chairman of the Board; an executive Director; a member of the nomination committee of the Board; and the authorised representative of the company (for the purpose of accepting service of process and notices on behalf of the company in Hong Kong under the Companies Ordinance (Chapter 622 of the Laws of Hong Kong)), due to his other business commitments that have prevented him from giving proper attention to the affairs of the company. Following Mr. Yip's resignation, with effect from 1 September 2018, Mr. Luo Xian Ping and Mr. Ho Wai Hung, each an executive Director, have been appointed as the chairman of the Board and the Process Agent respectively. Mr. Luo has over 15 years' experience in assets restructuring and corporate finance. Mr. Luo served as the chief executive officer of China Regenerative Medicine International Limited.