The board of directors of China Modern Dairy Holdings Ltd. announced that Ms. Lam Chun Mui (‘Ms. Lam') has resigned as the company secretary and an authorized representative of the company under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ‘Listing Rules') with effect from January 31, 2016 in her own accord for her further personal development. Ms. Lam has confirmed that there is no disagreement with the board and there is no matter relating to her resignation that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited. The board announced that Mr. Ng Kwok Choi (‘Mr. Ng') has been appointed as the company secretary and an authorized representative of the company under the Listing Rules with effect from February 1, 2016.

Mr. Ng is a fellow member of the Association of Chartered Certified Accountants and an associate member of the Hong Kong Institute of Certified Public Accountants and holds a bachelor degree in business administration from Hong Kong University of Science and Technology majoring in accounting. Mr. Ng has over 20 years of experience in finance, accounting and listed company secretarial matters. Prior to joining the Company, Mr. Ng had worked in an international accounting firm in Hong Kong, and was responsible for accounting, finance and company secretarial matters for four listed companies in Hong Kong.