The board of China Agri-Industries Holdings Limited announced that with effective from January 8, 2018, Mr. YU Xubo has tendered his resignation as a non-executive director of the company. He ceased to be the chairman of the Board and the chairman of the Nomination Committee of the company; Mr. SHI Bo has tendered his resignation as an executive director of the company. He ceased to be a member of the Executive Committee of the company; Mr. WANG Qingrong has been appointed as an executive director of the company, the Managing Director of the company, and the chairman of the Executive Committee of the company; and Mr. DONG Wei, an executive director of the company, has been appointed as the chairman of both the Board and the Nomination Committee of the company, and ceased to be the Deputy Managing Director of the company and the chairman of the Executive Committee of the company. He remains a member of the Executive Committee of the company.