The board of directors of COFCO Meat Holdings Limited announced that Mr. Wang Zhiying has resigned as a non-executive director of the company due to work arrangement with effect from 9 December 2016. Upon the resignation becomes effective, Mr. Wang would also cease to be a member of the remuneration committee of the Board of the Company. Mr. Wang has confirmed that he has no disagreement with the Board and there is no other matter relating to his resignation that needs to be brought to the attention of the shareholders of the company. The Board announced that Ms. Yang Hong has been appointed as a non-executive director of the Company with effect from 9 December 2016. Ms. Yang Hong held positions as a director and vice president at COFCO Tunhe Co. Ltd. Ms. Yang also worked as the general manager of sugar division in COFCO Tunhe Co. Ltd. The Board announced that Mr. Ma Jianping, the chairman of the Board and the non-executive director, has been appointed as a member of the Remuneration Committee with effect from 9 December 2016.