Kong Sun Holdings Ltd. announced that with effect from 24 January 2017, Mr. Chang Tat Joel has resigned as a non-executive Director; Mr. Lu Hongda has resigned as an independent non-executive Director, the chairman of the Remuneration Committee and a member of the Audit Committee and the Nomination Committee; Mr. Yuen Kin has been appointed as a non-executive Director; and Ms. Wang Fang has been appointed as an independent non-executive Director, the chairman of the Remuneration Committee and a member of the Audit Committee and the Nomination Committee. Mr. Yuen is currently an independent non-executive director of Huayi Tencent Entertainment Company Limited. He is also an independent non-executive director of Emerson Radio Corporation. Mr. Yuen is also a partner of Pohua JT Private Equity Fund L.P., the controlling shareholder of the Company.