The board of directors of Asia Energy Logistics Group Limited announced that Ms. Yu Sau Lai and Ms. Sun Wei have tendered their resignations as an executive director and a non-executive director of the company effective from 31 August 2016 as they would like to devote more time for their other business commitments that require more of their dedications of time and attention. Both Ms. Yu and Ms. Sun have confirmed that they have no disagreement with the board and there are no matters in relation to their resignations that need to be brought to the attention of the shareholders of the company. The board further announced that Mr. Liang Jun, an executive director and a member of the remuneration committee, has been appointed as the authorized representative of the company in place of Ms. Yu with effect from 31 August 2016.