The board of directors of Holly Futures Co., Ltd. received a written resignation submitted by an independent non-executive director, Ms. Zhang Jie, on 22 January 2016. Ms. Zhang intended to resign from the position of the independent non-executive director of the second term of the Board, and at the same time, to resign from the positions of the chairman of the second term of the remuneration committee and the committee member of the second term of the nomination committee under the Board due to personal work reasons.