The board of directors of iOne Holdings Limited announced that Ms. Zhong Ming has tendered her resignation as an Executive Director and Chief Financial Officer of the Company and accordingly ceased to be a member of the remuneration committee of the Company with effect from 12 July 2017 in order to devote more time to her other business commitments. The board also announced that Mr. WU Jiang has been appointed as an Executive Director, Chief Financial Officer of the Company and a member of the Remuneration Committee with effect from 12 July 2017.