The board of directors of China Foods Limited announced that Ms. Liu Ding has tendered her resignation as a non-executive director of the company with effect from 9 November 2016 and Mr. Zhou Chenguang has been appointed as an executive director, the chief financial officer and a member of executive committee of the Board of the company with effect from 9 November 2016. Mr. Zhou Chengguang joined the company in February 2015 and is currently the head of the company's finance department. Mr. Zhou joined COFCO Corporation in 2006 and has served as a manager of infrastructure audit department of China Agri-Industries Holdings Limited and the deputy general manager of audit and supervision department of COFCO Meat Investment Company Limited.

Prior to joining COFCO Corporation, Mr. Zhou worked in AIA and Lafarge Shui On Cement Limited.