The board of directors of Loco Hong Kong Holdings Limited announced that with effect from 9 September 2016, Dr. Wang Lin ("Dr. Wang") is appointed as an independent non-executive Director, a member of each of the audit committee and nomination committee, and the chairman of remuneration committee of the company. Dr. Wang Lin is a professor, advisor of doctorate program and a director of the Huaian Research Centre of the Institute of Biophysics of Chinese Academy of Sciences. From September 2005 to May 2015, she served as the vice president, executive vice president and executive director of Biosino Bio-Technology and Science Incorporation. Ms. Chau Mei Fan ("Ms. Chau") has tendered her resignation as executive Director and a member of hedging committee of the Company with effect from 9 September 2016. Mr. Tang Cornor Kwok Kau ("Mr. Tang") has tendered his resignation as an independent non-executive Director, a member of each of the audit committee and nomination committee and the chairman of each of the remuneration committee and hedging committee of the Company with effect from 9 September 2016. Mr. Felipe Tan ("Mr. Tan") has tendered his resignation as the chairman of the Board of the Company with effect from 9 September 2016. Following the resignation as chairman, Mr. Tan remains an executive director of the Company. Mr. Zhu Hongguang ("Mr. Zhu"), an executive Director of the Company, has been redesignated as the chairman of the Board of the Company with effect from 9 September 2016. Mr. Chan Ka Ling Edmond ("Mr. Chan"), who was a member of the hedging committee of the Company, has been redesignated as the chairman thereof with effect from 9 September 2016. Ms. Tsang Wai Chun Marianna ("Ms. Tsang") has been appointed as a member of the hedging committee of the Company with effect from 9 September 2016. Ms. Ko Yuen Kwan ("Ms. Ko") has tendered her resignation as the company secretary of the Company with effect from 9 September 2016. The Board announced that Mr. Yau Yan Ming Raymond ("Mr. Yau") has been appointed as the company secretary of the Company with effect from 9 September 2016. Mr. Yau has over 18 years of work experience in auditing, accounting, taxation, company secretarial, corporate finance and financial management, in both private and listed companies. Mr. Felipe Tan ("Mr. Tan") has tendered his resignation as the compliance officer of the company with effect from 9 September 2016. The Board announced that Mr. Zhu, an executive Director of the Company, has been appointed as the compliance officer with effect from 9 September 2016, in place of Mr. Tan after his resignation as the compliance officer of the Company.