The board of CNC Holdings Limited announced that with effect from 22 March 2017, Mr. Chia has been re-designated from an executive Director to a non-executive Director and Mr. Chia has resigned as the Compliance Officer and the Authorised Representative. Mr. Chia, aged 46, joined the Group in May 2009 and was appointed as an executive Director in August 2010 and has been re-designated as a non-executive Director with effect from 22 March 2017. The board announced that with effect from 22 March 2017, Mr. Zou, the Vice-Chairman and the CEO and an executive Director, has been appointed as the Compliance Officer; and Ms. Li, the Company Secretary, has been appointed as the Authorised Representative.