The board of directors of China Sandi Holdings Limited announced that with effect from July 1, 2016, Mr. Lin Jianbin has resigned as an executive Director due to his own pursuit of personal career development. Mr. Lin has confirmed that he has no claims whatsoever against the Company for fee, severance payments, expenses, damages, remuneration or compensation for loss of office or otherwise and no disagreement with the Board and there is no matter that needs to be brought to the attention of the Stock Exchange and the shareholders of the Company in relation to his resignation.