The board of directors of Walker Group Holdings Limited announced that Mr. Hu Jinxing has resigned as the independent non-executive Director and ceased to be the member of both of the audit committee and nomination committee of the Board with effect from 15 November 2016 due to personal reason. Mr. Hu has confirmed that he has no disagreement with the Board and there is no other matter which needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited (the Stock Exchange) in relation to his resignation.