The Board of Directors of Shenzhou Space Park Group Limited announced that Dr. Loke Yu (Dr. "Loke") has resigned as an independent non-executive director, Chairman of the audit committee, member of nomination committee and remuneration committee of the company with effect from 6 August 2018. Dr. Loke resigned due to the fact that Dr. Loke wishes to devote more time to his other independent non- executive director appointments which have less demand of his time and responsibility. The Board announced that independent non-executive director, Mr. Tang Man Tsz was appointed Chairman of the audit committee, member of nomination committee and remuneration committee the Company with effect from 9 August 2018.