The board of directors of Sustainable Forest Holdings Limited announced that Ms. Zhou Jing has resigned as an executive director of the company and chairman of the Board and executive committee with effect from 17 November 2015 due to her intention to pursue her other personal affairs; and Mr. Yeung Sau Chung, who is an existing executive director of the company, has been appointed as the chairman of the Board and executive committee with effect from 17 November 2015. Ms. Zhou confirmed that she has no disagreement with the Board and there are no matters with respect to her resignation that need to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited.