The board of directors of Jiangsu NandaSoft Technology Company Limited announced that Mr. Liu Jian and Dr. Li Da Xi have decided to retire since expiration of their current term of office falling on 6 November 2017. Liu has retired as the Executive Director, Li has retired as the Independent Non-Executive Director, members of audit committee, nomination committee and remuneration committee with effect from 6 November 2017. Their resignations have been accepted by the Board. Mr. Liu Jian and Dr. Li Da Xi have both confirmed that they do not have any disagreement with the Board and that there is no other matter relating to their resignations that need to be brought to the attention of the shareholders of the company.