The board of directors of Culture Landmark Investment Limited announced that with effect from 15 August 2016, Tsoi Tung has resigned as an executive Director and the chief executive officer of the company as he needs to devote more time to pursue his other business commitments and personal matters, Huang Ranfei resigned as an executive Director as he needs to devote more time to pursue his other business commitments and personal matters and the role of the Chief Executive Officer would be temporarily performed by Cheng Yang an executive Director and the chairman of the board. Cheng is an executive Director, the chairman of the Board and the chairman of the nomination committee of the company. Cheng joined the company on 30 April 2010 and has experience in entertainment and media business.

Cheng is the founder and a director of Cheng Films & Video Production Limited.