The board of directors of Huanxi Media Group Limited announced that Mr. Gao Zhikai has resigned as the non-executive Director with effect from 15 August 2018 in order to pursue his other personal engagements. Mr. Gao has confirmed that there is no disagreement with the Board and is not aware of any matters relating to his resignation that need to be brought to the attention of the shareholders of the company or The Stock Exchange of Hong Kong Limited. Following Mr. Gao's resignation, the board announced the following change of composition of the audit committee of the company with effect from 15 August 2018: Mr. Gao has ceased to be a member of the audit committee of the company; and Mr. Li Xiaolong, an independent non-executive Director, has been appointed as a member of the audit committee of the company.