The board of directors of SIM Technology Group Limited announced that with effect from 18 April 2017, Mr. Xie Linzhen has resigned as an independent non-executive Director and a member of each of the audit committee and the remuneration committee of the Board due to his other commitments which require more of his time; and Mr. Dong Yunting has resigned as an independent non-executive Director and a member of each of the Audit Committee and Remuneration Committee due to his other commitments which require more of his time. Each of Mr. Xie and Mr. Dong has confirmed that they have no disagreement with the Board and there are no other matters relating to their resignation that need to be brought to the attention of The Stock Exchange of Hong Kong Limited or the shareholders of the Company. Mr. Wang, has been a professor at Beihang University in the PRC since 1995. He was a member of the Academic Subject Assessment Expert Panel of the Academic Committee of the State Council of the People's Republic of China.