Vtion Wireless Technology AG announced that, with the approval of the Supervisory Board the members of the management board of the company Mr. Chaojie Ding and Mrs. Ping Fei have resigned on November 4, 2016 from office with immediate effect due to personal reasons. The tasks and responsibilities of Mr. Ding and Mrs. Fei will be taken over by the Chief Executive Officer Mr. Chen Guoping. The management board has with regret taken note of the resignation of Mr. Ding and Mrs. Fei but respects their decision and thanks them explicitly for their cooperation and their support of the company.