The board of directors of Kingbo Strike Limited announced that Mr. Ng Wai Hung has tendered his resignation from his position as an independent non-executive Director with effect from 30 June 2017 so as to allow him to devote more time for his personal commitments. The Board would like to further announce that Mr. Li Jin has been appointed as an independent non-executive director with effect from 30 June 2017. He has over 20 years of experience in the areas of commercial law, corporate finance and joint ventures as an attorney in New York and was a partner at Linklaters (Hong Kong) and Horizon Law firm (Shenzhen). He has been appointed as the Chief Financial Officer of Sungy Mobile Limited, a company listed on the NASDAQ Global Select Market in the United States, from July 2013 to August 2014. He had also been appointed as the independent non-executive director of ZTE Corporation, a company listed on the main board of the Stock Exchange, from June 2004 to June 2010.