The board of directors of China Sandi Holdings Limited announced that with effect from 30 September 2019, (i) Dr. Wong Yun Kuen ('Dr. Wong') has resigned as a non-executive Director, and (ii) Mr. Yu Pak Yan, Peter ('Mr. Yu') has resigned as an independent non-executive Director as they would like to focus on their other business and personal affairs. Following his resignation, Mr. Yu has ceased to be the chairman and a member of the Remuneration Committee, a member of the Audit Committee and Nomination Committee of the Company. Each of the resigning Directors has confirmed to the Board that in relation to the respective resignation (i) there is no claim against the Company; (ii) there is no disagreement with the Board; and (iii) there is no matter that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company. The Board would also like to announce that Ms. Ma Shujuan, an independent non- executive Director of the Company, has been appointed as the chairman of the Remuneration Committee and a member of each of the Audit Committee and Nomination Committee with effect from 30 September 2019. The biographical details of Ms. Ma Shujuan have been disclosed in the 2018 annual report of the Company dated 26 April 2019.