The board of directors of Zhidao International (Holdings) Limited announced that Ms. Cheung Oi Chun has tendered her resignation as the executive director and member of remuneration committee of the company and the authorized representative of the company, with effect from January 03, 2017. The Board also announced that Mr. Tung Yee Shing, an executive director of the company, is appointed as a member of remuneration committee of the company and the authorized representative of the Company under the Listing Rules with effect from January 03, 2017.