King Stone Energy Group Limited announced that Mr. Zhang Wanzhong did not offer himself for re-election at the AGM and he retired as executive Director at the AGM to pursue his personal development. Upon his retirement, Mr. Zhang also ceased to be the chairman of the Company and nomination committee of the Company. Following the retirement of Mr. Zhang, the Board announced that, with effect from 2 June 2017, Ms. Gloria Chang Wong, the executive Director, has been appointed as the chairman of the Company and nomination committee of the Company.