The board of directors of China Foods Limited announced that Ms. Wu Wenting has tendered her resignation as an executive director, the chief financial officer and the executive deputy general manager of the company due to her work re-designation with effect from 15 September 2016. Following her resignation, Ms. Wu ceased to be a member of executive committee of the Board of the company. The Board announced that Mr. Wu Fei has been appointed as an executive director of the company with effect from 15 September 2016.

Following his appointment, he will serves as a member of Executive Committee of the company. Mr. Wu, 45, is currently served as a deputy general manager of the company and the general manager of wine category management department.