The board of directors of Good Resources Holdings Limited announced that, Mr. Sonny Wu has tendered his resignation as an executive director of the company and Chairman of the Board and ceased to act as an authorised representative of the company under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited with effect from 11 May 2016, in order to concentrate on his other business affairs. Mr. Wu also ceased to be the Chairman of the nomination committee of the Board simultaneously with his resignation as an executive director of the Company on 11 May 2016. The Board also announced that Mr. Lu Sheng, an Executive Director and Chief Executive Officer of the company, has been appointed as Chairman of the company, the Chairman of the nomination committee of the Board and the Authorised Representative with effect from 11 May 2016.