The board of directors of Ascent International Holdings Limited announced that Ms. Li Wei has been appointed as an executive Director, the chairlady of the Company and a member of each of nomination committee of the company and the remuneration committee of the company with effect from 15 September 2017. Ms. Li is the chief operating officer of KEE Holdings Company Limited. Ms. Li is also the executive director, chief operating officer, compliance officer and the authorised representative of Capital Finance Holdings Limited. The Board announces that with effect from 15 September 2017, Mr. Wu David Hang resigned as an executive Director, the chairman of the Remuneration Committee and a member of the Nomination Committee, as he wishes to devote more time to his personal commitments; and Mr. Hou Jian resigned as an executive Director as he wishes to devote more time to his personal development. Each of Mr. Wu and Mr. Hou has confirmed that he has no disagreement with the Board and there are no other matters in relation to their resignation as an executive Director respectively which need to be brought to the attention of the shareholders of the Company or the Stock Exchange. The Board announced that with effect from 15 September 2017, Mr. Cheng Shing Hay has been appointed as an independent non-executive Director, the chairman of the Remuneration Committee, and the member of each of Nomination Committee and audit committee of the company. Mr. Cheng has been appointed as the chief financial officer and company secretary of Dongguang Chemical Limited. The Board also announced that with effect from 15 September 2017, Mr. Wu and Mr. Hou will cease to be the authorised representatives under Rule 3.05 of the Listing Rules and Ms. Li and Mr. Chu Kin Ming, the Company secretary of the company, have been appointed as the authorised representatives of the Company under Rule 3.05 of the Listing Rules; and Mr. Wu will cease to be the authorised representative under the Companies Ordinance and Mr. Chu has been appointed as the authorised representative under the Companies Ordinance.