The board of directors of Million Stars Holdings Limited announced that Ms. Chen Feng ("Ms. Chen") has resigned as an Independent Non-executive Director, the Chairlady of the Remuneration Committee and a member of each of the Audit Committee, Nomination Committee and Corporate Governance Committee of the Company with effect from 1 January 2019 due to her other personal commitments. The Board also announced that Ms. Ji Fang ("Ms. Ji") will be appointed as an Independent Non-executive Director of the company with effect from 1 January 2019. Ms. Ji has over 20 years' experience in senior corporate management, industrial investment and capital operations. The Board further announced that following the resignation of Ms. Chen, Ms. Ji will be appointed as the Chairlady of the Remuneration Committee and a member of each of the Audit Committee, Nomination Committee and Corporate Governance Committee of the company with effect from 1 January 2019.