China Ocean Fishing Holdings Limited announced that, with effect from 4 December 2018, Ms. Li Yuen Fong, Michelle has resigned as an independent non-executive Director and a member of each of the nomination committee, remuneration committee and audit committee of the Board as Ms. Li wishes to devote more time to her other businesses; and Mr. Li Cao has been appointed as an independent non-executive Director and a member of each of the Nomination Committee, Remuneration Committee and Audit Committee. Mr. Li, is currently studying at the Graduate School of Renmin University of China. Mr. Li has been employed in a managerial capacity at various corporations in the PRC since 2009, and has considerable management experience. He is currently the office director of Shenzhen City Technology and Innovative Enterprises Service Centre, and the chief secretary of each of the Shenzhen Ocean Society and Shenzhen Ocean Industry Association.