The board of directors of Sun.King Power Electronics Group Limited announced that due to retirement, Mr. Wang Yi ("Mr. Wang") tendered his resignation as an independent non-executive Director, a member of the audit committee of the Board, the chairman of the remuneration committee of the Board and a member of the investment committee of the Board, all with effect from 24 March 2017. The Board announced that Mr. Leung Ming Shu ("Mr. Leung") was appointed as an independent non- executive Director, a member of the audit committee of the Board, the chairman of the remuneration committee of the Board and a member of the investment committee of the Board, all with effect from 24 March 2017. Mr. Leung is currently the chief financial officer and company secretary of China ITS (Holdings) Co. Ltd. Mr. Leung is also an independent non-executive director of Cabbeen Fashion Limited and Comtec Solar Systems Group Limited. Mr. Leung acted as an independent non-executive director of Shengli Oil & Gas Pipe Holdings Limited from January 2011 to April 2013.