The board of directors of Min Xin Holdings Limited announced the changes to the Company's Board composition with effect from 18
December 2015. Mr. Li Jin Hua has resigned as an Executive Director and ceased to be a member of the Executive Committee of the Company due to his other work commitments in Mainland China with effect from 18 December 2015. Mr. Liu Lun has been appointed as a Non-executive Director of the Company with effect from 18 December 2015. Mr. Liu, aged 43, is currently the Deputy General Manager of the Ministry of Finance Capital of Fujian Investment & Development Group Co. Ltd. He was previously assumed the positions of Credit Manager of Credit Department (Project) of Industrial and Commercial Bank of China, Xinjiang Branch, the Senior Manager of Agro-Credit Risk Management Department of Head Office of Beijing Rural Commercial Bank, the Senior Researcher of Information Research Department of Yin Tong Investment Consultant Company, the Deputy County Mayor of the Government of Puningxian, Kunming City, Yunnan and the General Manager of Strategic Development Department of Yantai Bank.