Jiangsu Nandasoft Technology Company Limited announced that Mr. Liang Runbao will retire following the expiration of his current term of office falling on 29 December 2017, and proposed not to offer himself for re-appointment for another term. The proposed matters are subject to the approval of the shareholders of the company, and the same will be submitted to an extraordinary general meeting of the company (EGM) which is scheduled to be held on 3 November 2017.