China Ocean Fishing Holdings Limited announced that, with effect from 20 February 2017, Lord Cao Yunde has been appointed as an executive Director and co-chairman of the Board; and Mr. Chen Liang has been appointed as an executive Director. The Board announced that Ms. Huang He has resigned as an executive Director in order to devote more time on other business. The Board also announced that, with effect from 20 February 2017, Dr. Chu Ping Hang has resigned as the chief executive officer of the Company but remains as an executive Director, Compliance Officer and Authorised Representative and Mr. Gan Weiming has been appointed as the Chief Executive Officer.