The board of directors of China Beidahuang Industry Group Holdings Limited announced that Mr. Jiang Jiancheng has tendered his resignation as an executive Director with effect from 10 November 2017 as he would like to devote more time to his other commitments. Mr. Jiang has confirmed that he has no claims against the company in respect of his resignation; he has no disagreement with the Board; and there is no matter in relation to his resignation that needs to be brought to the attention of the shareholders of the company. The Board also announced that Mr. Huang Wuguang has been appointed as an executive Director with effect from 10 November 2017. He has over 30 years of experience in the finance industry and possesses extensive investment management experience in modern agriculture, culture and travel industries. Mr. Huang was the general manager of Beijing Securities Co. Ltd. from 1990 to 2005.