The board of directors of China Water Affairs Group Limited announced that with effect from 8 February 2017, Ms. Liu Dong resigned as an independent non-executive Director as she has to devote more time to her personal affairs and ceased to be a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee; and Ms. Ho Ping was appointed as an independent non-executive Director and a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee. Ms. Ho has over 15 years experience in the securities industry in the PRC and was a senior manager at the investment banking department of China Investment Securities Limited Liability Company.