The board of directors of Capital Finance Holdings Limited announced that Ms. Li has resigned as the executive Director, chief operating officer, compliance officer of the Company, and authorized representative of the company under the companies ordinance (Chapter 622 of the Laws of Hong Kong) (the authorized representative"), all with effect from 1 October 2017 due to her other business commitments which require more of her dedication. The Board further announced that Mr. Yang has been appointed as the executive Director, chief operating officer and compliance officer of the Company, all with effect from 1 October 2017. The Board further announced that following the resignation of Ms. Li, Ms. Lam Fei Sui (Ms. Lam), the deputy chief financial officer of the company, has been appointed as authorized representative with effect from 1 October 2017.