The Board of SCUD Group Limited announced that the company has set up a resumption committee which comprises the three independent non-executive directors Dr. Loke Yu, Mr. Wang Jing Zhong and Mr. Wang Jian Zhang, and the new non-executive director Mr. Hou Li. The Board announced that Mr. Feng Ming Zhu has been appointed as an executive director and Mr. Hou Li has been appointed as a non-executive Director, both with effect from 25 August 2016. Mr. Feng is the vice president of SCUD Group Limited. He joined the Group in March 2007 and served as the director of administration of SCUD Group Limited until October 2011. He then served as the general manager of SCUD SMT Business Unit before becoming the vice president of SCUD Group Limited in April 2013. Mr. Feng is currently a Specialist of Fujian JingXin Think Tank Industry Research. Mr. Hou is a senior partner of Dentons Law Offices (Fuzhou). Mr. Hou also engages in several community services and had once served as member in Commission of Legislative Affairs of Fujian Province Committee of the Chinese People's political Consultative Conference, director in Fujian Province joint-stock enterprises Association and Fujian Province Securities Association, arbitrator in Fuzhou Arbitration commission and chairman of Law Office of Fujian Committee of the Revolutionary Committee of The Chinese Kuomintang. Mr. Hou's appointment commences from 25 August 2016 until the earlier of 24 August 2018 and the date of annual general meeting to be held by the Company in 2018. Taking into account the proposed Board changes, Mr. Zhang, an executive director of the company, and the company has agreed that with effect from 25 August 2016, Mr. Zhang Li will be redesignated as a non-executive director. Zhang Li is the general manager of Scud (Fujian) Electronics Co. Ltd. Prior to the redesignation, Mr. Zhang had been an executive Director since 31 December 2010. The Board announced that Ms. Huang Yan has tendered her resignation to the company with effect from 25 August 2016. Ms. Huang has decided to step down as an executive director of the company and dedicate more time to her personal studies.