The board of directors of China Ocean Fishing Holdings Limited announced that, with effect from 8 August 2018, Mr. Lam Man Hing has been appointed as an independent non-executive Director and a member of the audit committee of the Board and Mr. Zhu Yifeng resigned as an independent non-executive Director and a member of the Audit Committee. Mr. Lam is currently the chairman of Hong Kong Industrial & Commercial Association Limited, the managing director of Xinhua Nanfang International (Holding) Co. Ltd. and the honorary president of Chongqing Chaozhou Overseas Friendship Association and Chongqing Chaoshan Chamber of Commerce.