The board of directors of China Hanking Holdings Limited announced that Mr. Lan Fusheng has tendered his resignation to the Board and will resign as a non-executive Director and a member of the Health, Safety, Environmental Protection and Community Committee of the
company with effect from December 17, 2015 due to his intention to develop other business. The resignation has been accepted and approved by the Board. The Board further announced that Mr. Yang Jiye, an executive Director of the company, will be re-designated as a non-executive Director and appointed as members of the Audit Committee and the Health, Safety, Environmental Protection and Community Committee of the company with effect from December 17, 2015 due to re-division of role and function of the company.
Mr. Yang will remain as the Vice Chairman of the Board and a member of the Remuneration Committee of the company. Mr. Yang Jiye served as an executive Director and Vice Chairman of the Board of the company from May 28, 2015 to the date of this announcement. Mr. Yang is currently serving as the vice chairman of the board of directors, director and supervisor of several subsidiaries of the Group.