Sino Golf Holdings Limited announced that Mr. Huang Youlong has resigned from his position as the chairman and an executive director of the company and the chairman of the Nomination Committee of the Board due to the Decision on Prohibition to Access the Market and the Decision on Administrative Penalties; and Mr. Zhao Zheng has resigned from his position as an executive director of the Company and a member of the Remuneration Committee of the Board due to the Decision on Administrative Penalties, both with effect from 17 April 2018. The Board also announces (i) Mr. Zhao has ceased to act as an authorised representative of the company and (ii) Mr. Chu Chun Man, Augustine has been appointed as an Authorised Representative, both with effect from 17 April 2018. After the resignation of Mr. Huang and Mr. Zhao, Mr. Chu Chun Man, Augustine continues to be an executive director of the Company.