The board of directors of Ronshine China Holdings Limited announced that with effect from 16 November 2018: Mr. Wu Jian ("Mr. Wu") has resigned as an executive Director of the Company due to his other personal commitments; and Mr. Lin Junling has resigned as an executive Director of the Company due to internal work adjustment and will continue to serve as vice president of the Company. The Board announced that with effect from 16 November 2018: Mr. Ruan Youzhi has been appointed as an executive Director of the Company; and Mr. Zhang Lixin has been appointed as an executive Director of the Company. Mr. Ruan currently serves as the vice president of the Company and is mainly responsible for managing the Company's investments and public relations. Mr. Zhang has extensive experience in the financial management. From April 2003 to September 2007, Mr. Zhang held various positions, as the finance supervisor, deputy finance manager and finance manager within a subsidiary of Dalian Wanda Group.