Sky Blue 11 Company Limited announced that Since the proposed ordinary resolutions for the re-election of Mr. Zhang Fumin and Dr. Zhang Shengdong were not passed at the AGM, Mr. Zhang Fumin has retired as an executive director and Dr. Zhang Shengdong has retired as an independent non-executive director by rotation upon conclusion of the AGM. Dr. Zhang Shengdong has also ceased to be a member of the audit committee, the nomination committee and the remuneration committee of the Company.