The board of directors of Chinese Food and Beverage Group Limited announced that Mr. Chow Cheuk Hang has been redesignated from an independent non-executive director to an executive director of the company with effect from 13 January 2017. Mr. Chow, aged 32, joined the Group on 22 December 2016 as an independent non-executive Director, a member of each of the audit committee (the "Audit Committee"), the remuneration committee ("Remuneration Committee") and the nomination committee ("Nomination Committee") of the Company. Mr. Chow currently serves as Chief Operating Officer at both HMV Digital China Group Limited and Easy Repay Finance & Investment Limited. The Board is also announced that Mr. Kam Tik Lun has been appointed as an Independent non-executive director of the company with effect from 13 January 2017. Mr. Kam is an independent non-executive director of Easy Repay Finance & Investment Limited and HMV Digital China Group Limited. Following the Redesignation, Mr. Chow has simultaneously ceased to be a member of the Audit Committee, Nomination Committee and Remuneration Committee with effect from 13 January 2017. The Board is announced that Mr. Kam, an Independent non-executive director of the company, has been appointed as a member of the Audit Committee, Nomination Committee and Remuneration Committee with effect from 13 January 2017.