The board of directors of China Agri-Industries Holdings Limited announced that, with effect from 7 December 2018, Mr. DONG Wei has tendered his resignation as an executive director of the Company due to other business engagement. He ceased to be the chairman of the Board, the chairman of the Nomination Committee and a member of the Executive Committee of the Company. The Board announced that, with effect from 7 December 2018, Mr. LUAN Richeng has been appointed as a non-executive director of the Company. Following his appointment, he will become the chairman of the Board and the chairman of the Nomination Committee of the Company. Mr. LUAN Richeng has been serving as vice president since he joined COFCO Corporation in July 2016. Prior to that, Mr. LUAN served as a clerk, deputy general manager of the General Office and the general manager of Chinatex Raw Materials Imports & Exports Corporation.