Anxian Yuan China Holdings Limited announced that reference is made to the Circular regarding the resolutions for the re-election of Directors to be proposed at the AGM, pursuant to which, Mr. Lai Chun Yu indicated that he would not offer himself for re-election as a Director at the AGM. Accordingly, the Board announced that Mr. Lai retired as an independent non-executive Director and ceased to be a member of each of the audit committee, remuneration committee and the nomination committee of the company with effect from the conclusion of the AGM on 28 August 2018.