The board of directors of Yunbo Digital Synergy Group Limited announced that Mr. Yau Hoi Kin has resigned as an executive Director with effect from 26 January 2017, due to his wish to devote more time on his other personal endeavours; Dr. Chow Ka Ming, Jimmy (‘Dr. Chow’) will retire as an independent non-executive Director upon expiration of his letter of appointment with effect from 30 January 2017; and Dr. Wong Wing Lit (‘Dr. Wong’) will retire as an independent non-executive Director upon expiration of his letter of appointment with effect from 17 February 2017. The board announced that following Dr. Chow's retirement as an independent non-executive Director with effect from 30 January 2017, Dr. Chow will cease to act as the chairman of the remuneration committee of the Company (the ‘Remuneration Committee’), and a member of the audit committee of the Company (the ‘Audit Committee’) and the nomination committee of the Company (the ‘Nomination Committee’); and following Dr. Wong's retirement as an independent non-executive Director with effect from 17 February 2017, Dr. Wong will cease to act as a member of the Audit Committee, the Nomination Committee and the Remuneration Committee. The Board announces that Mr. Lam Wing Keung, an independent non-executive Director, the chairman of the Audit Committee and the Nomination Committee, will also act as the chairman of the Remuneration Committee with effect from 30 January 2017. The board also announces that following Mr. Yau's resignation as an executive Director with effect from 26 January 2017, Mr. Yau has ceased to act as the compliance officer of the Company (the ‘Compliance Officer’).