The board of directors of Zhuhai Holdings Investment Group Limited announced that Mr. Zhou Shaoqiang tendered his resignation from the positions of the executive Director and the chief executive officer of the Company with effect from 15 March 2018 due to his personal commitment to other business. Mr. Jin Tao, an executive Director, will, in the meantime, take up the responsibilities of Mr. Zhou as the acting CEO and ensure a smooth transition. Mr. Wang Zhe tendered his resignation as a non-executive Director of the Company with effect from 15 March 2018 due to his personal commitment to other business.