The board of directors of China Ocean Fishing Holdings Limited announced that with effect from 17 March 2020, Mr. Pang Pui Hung, Paton has resigned as an independent non-executive director, chairman of the audit committee, chairman of the remuneration committee and member of the nomination committee of the Company as he would like to devote more time and dedication to his other business commitments. The Board announced that with effect from 17 March 2020, Mr. Kam Hou Yin, John ("Mr. Kam") has been appointed as an independent non-executive director, chairman of Audit Committee, chairman of Remuneration Committee and a member of the Nomination Committee. Mr. Kam has over 20 years' experience in corporate, personal and interbank business. Mr. Kam has been the Senior Partner of Shenzhen Zhujin Supply Chain Management Co. Ltd. since November 2018. He was appointed as an Executive Director and Chief Executive Officer of Century Ginwa Retail Holdings Limited from 2 May 2017 to October 2018 and was Zone Manager ­ Corporate Banking Division and General Manager of Shenzhen Branch of The Bank of East Asia (China), Limited from July 2012 to March 2017 and Zone Manager (Western China) ­ Corporate Banking Division and General Manager of Xi'an Branch of The Bank of East Asia (China), Limited from November 2006 to June 2012.