The board of directors of Zall Group Ltd. announced that Mr. Cui Jinfeng, an executive director of the company, has resigned as a member of the nomination committee of the Company with effect from 31 March 2017 as he needs to devote more of his time on other businesses of the Company. The Board further announced that, upon the resignation of Mr. Cui, Mr. Yan Zhi, executive director and co-chairman of the company has been appointed as a member of the Nomination Committee with effect from 31 March 2017.