The board of directors of Sino Haijing Holdings Limited announced that with effect from 19 July 2016, Mr. Foo Tin Chung Victor has resigned as an independent non-executive Director, the chairman of audit committee of the company, a member of each of the remuneration committee and nomination committee of the Company due to his other personal engagement; and Mr. Lee Siu Woo has also resigned as an independent non-executive Director, a member of each of the audit committee, remuneration committee and nomination committee of the company due to his other personal engagement. Both Mr. Foo and Mr. Lee have confirmed that they have no claim against the company in respect of their resignation and have no disagreement with the Board. There are no other matters in relation to their resignation that should be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company. Following resignation of Mr. Foo, Mr. Lee Tao Wai, an independent non-executive Director of the company, has been appointed as the chairman of audit committee of the company.