The Board of Tingyi (Cayman Islands) Holding Corp. announced that with effect from 9 August 2019 Teruo Nagano has resigned as executive director of the Company and Yuko Takahashi has been appointed as executive director of the Company. Yuko Takahashi ("Mr. Takahashi"), aged 56, has more than 30 years of experience Takahashi has also been a director of KSF Beverage Holding Co. Ltd., since August 2017.