The board of directors of Zhi Cheng Holdings Limited announced that each of Dr. Shen Furong and Mr. Wei Shu Jun has resigned as executive Director with effect from 13 April 2018. Mr. Shen has resigned as a member of the nomination committee of the Company upon his resignation of executive Director and Mr. Zhang Zihong, an executive Director, has been appointed as a member of the nomination committee of the Company with effect from 13 April 2018. Mr. Wang Hsiang Hung has resigned as independent non-executive Director with effect from 13 April 2018. Mr. Law Yui Lun, an independent non-executive Director, has resigned as the Chairman of the nomination committee of the Company but remains as a member of the nomination committee of the Company with effect from 13 April 2018 and Dr. Li Zhan, an independent non-executive Director, has been appointed as the Chairman of the nomination committee of the Company with effect from 13 April 2018.