Futong Technology Development Holdings Limited announced that Mr. Lee Kwan Hung has resigned as an independent non-executive Director with effect from 18 November 2017. Following Mr. Lee's resignation as an independent non- executive Director, Mr. Lee also ceased to be a member of each of the audit committee and remuneration committee of the Company, and a member and the chairman of the nomination committee of the Company. Mr. Lee has confirmed the reason for his resignation was that Mr. Lee will spend more time with his other engagements. Mr. Chow Siu Lui, an independent non-executive Director, has been appointed as the chairman of the Nomination Committee.