The board of directors of Yashili International Holdings Ltd. announced that Mr. Hua Li has tendered his resignation as an executive director of the Company with effect from 16 March 2018 due to personal career development reason. Following his resignation as an executive director of the Company with effect from 16 March 2018, Mr. Hua will cease to be an authorized representative of the company with effect from 16 March 2018. The Board announced that Mr. Zhang Ping, a non-executive director of the Company, has been appointed as an authorized representative of the company with effect from 16 March 2018.