The board of directors of Tonking New Energy Group Holdings Ltd. announced that on October 18, 2016, Ms. Wong Wai Ling has resigned as an executive Director, the compliance officer, the chairman of compliance committee and a member of nomination committee of the company and Mr. Wu Kai Char has resigned as an executive Director with effect from October 18, 2016. The Board of the company hereby announced that on October 18, 2016, Mr. Zhou Jian Ming has been appointed as an executive Director with effect from October 18, 2016.