The board of directors of Tianli Holdings Group Limited announced that Mr. Huang Mingxiang has resigned as chairman and executive director of the company, member of remuneration committee and nomination committee of the Board with effect from 24 January 2018 in pursuit of other personal development. Furthermore, the Board announced the appointment of Mr. Zhou Chunhua, an executive director of the company, as chairman of the Board with effect from the date of this announcement. Mr. Zhou Chunhua, aged 41, is an executive director of the company and a director of various subsidiaries of the company.