Beautiful China : Resignation of Executive Director

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美麗中國控股有限公司

(incorporated in Bermuda with limited liability)

(Stock Code: 706)

The Board announces that with effect from 31 December 2016, Mr. Pan Tingxuan resigned as an executive Director.

The board (the "Board") of directors (the "Directors") of Beautiful China Holdings Company Limited (the "Company") announces that with effect from 31 December 2016, Mr. Pan Tingxuan ("Mr. Pan") resigned as an executive Director in order to devote more time to his other personal commitments.

Mr. Pan has confirmed that he has no disagreement with the Board and that he was not aware of other matters that need to be brought to the attention of the shareholders of the Company in connection with his decision to resign.

The Board would like to take this opportunity to express its sincere gratitude to Mr. Pan for his valuable contribution to the Company during his tenure of office.

For and on behalf of

Executive Director

Hong Kong, 31 December 2016

As at the date of this announcement, the Board comprises Mr. Sze Wai Marco, Mr. Zhou Wei Feng and Mr. Tan Shu Jiang as executive Directors, Mr. Law Fei Shing and Mr. Chen Chun Tung Jason as non-executive Directors, and Mr. Lum Pak Sum, Mr. Chong Yiu Kan, Sherman and Mr. Liu Liyang as independent non-executive Directors.