The board of directors of Sino Haijing Holdings Limited announced that Fung Wah Bong Peter has resigned as a non-executive Director and the chairman of the company with effect from 5 April 2016 due to his other personal engagement. Following the resignation of Mr. Fung, Ms. Li Zhenzhen, the executive Director, has been appointed as the Chairman of the Company in place of Mr. Fung with effect from 5 April 2016. The Board announced that with effect from 5 April 2016, Mr. Wang Xin has been appointed as an executive Director and Mr. Wei Liyi has been appointed as a non-executive Director.

Mr. Wang Xin has also been the executive director of Ngai Shun Holdings Limited from March 2016. Mr. Wei has entered into an appointment letter with the Company for a term of 1 year commencing from 5 April 2016 as a non-executive Director subject to rotation, retirement and re-election pursuant to the articles of association of the Company. The Board also announced that Mr. Lam Chi Keung has resigned as the authorised representative of the Company and Ms. Li Zhenzhen has been appointed as the authorised representative of the Company with effect from 5 April 2016.

Following the changes of directors, with effect from 5 April 2016, Mr. Fung Wah Bong Peter has also resigned as chairman of the nomination committee of the Company and member of the remuneration committee of the Company; Ms. Li Zhenzhen has been appointed as chairman of the nomination committee of the Company and Mr. Wei Liyi has been appointed as chairman of the remuneration committee of the Company.