The board of directors of China Ludao Technology Company Limited announced that Mr. Li Wai See has tendered his resignation as the company secretary of the company and ceased to act as an authorised representative of the company, with effect from 13 January 2017. The Board further announced that Mr. Ho Ka Wai has been appointed to replace Mr. Li as the company secretary and authorised representative of the company. Mr. Ho is a member of the Hong Kong Institute of Certified Public Accountants. Mr. Ho has over 10 years of experience in accounting and auditing.