The Board of China Fortune Investments (Holding) Limited announced that since the resolutions in respect of the re-election of Mr. Chang Chun and Mr. Zhang Jie as executive Directors have not been passed by the shareholders of the company at the AGM, Mr. Chang and Mr. Zhang have retired from the Board with effect from the conclusion of the AGM held on 16 June 2017. The Board confirmed that it is not aware of any disagreement with Mr. Chang and Mr. Zhang and there is no matter relating to their retirement needs to be brought to the attention of the shareholders.