The board of directors of China Tontine Wines Group Limited announced the changes to the members of the Board. Mr. Sih Wai Kin, Daniel has resigned as independent non-executive director of the company with effect from 18 November 2016. Following his resignation, Mr. Sih has ceased to serve as the chairman of both the audit committee and the remuneration committee of the Board. Mr. Lam Yiu Por has been appointed as independent non-executive director of the company with effect from 18 November 2016. Following his appointment, Mr. Lam will also serve as the chairman of both the audit committee and the remuneration committee of the Board. Mr. Lam has more than 16 years of experience in finance and accounting. He has been the vice- president and the chief financial officer of L ' sea Resources International Holdings Limited since November 2013. Mr. Lam is also a non- executive director of Zhong Ao Home Group Limited, an independent non-executive director of JNBY Design Limited and an independent non-executive director of Denox Environmental & Technology Holdings Limited. He had been an independent non-executive director of Yat Sing Holdings Limited during the period from December 2014 to March 2016 and an independent non- executive director of GR Properties Limited during the period from June 2012 to February 2014.