The board of directors of Tesson Holdings Limited announced that with effect from 1 November 2016, Mr. Chen Weixi has resigned as an independent non-executive director and ceased to be the chairman of Audit Committee and member of each of the remuneration committee, nomination committee and internal control committee; and Mr. Chen Weixi has been appointed as the chief executive officer of the company with effect from 1 November 2016. Mr. Chen Weixi, was appointed as an independent non-executive director of the company from 8 March 2016 to 1 November 2016.