The board of directors of Chinese Strategic Holdings Limited announced that Mr. Lam Raymond Shiu Cheung has been appointed as an independent non-executive Director, chairman of the nomination committee of the company and member of each of the audit committee and remuneration committee of the company with effect from 1 September 2017. Mr. Lam is currently an executive director of Chinese Food and Beverage Group Limited and an independent non-executive director of China Assurance Finance Group Limited and Yin He Holdings Limited. The board further announced that Mr. Matthew Pau has tendered his resignation as an independent non-executive Director, and also ceased as the chairman of the nomination committee and member of each of the audit committee and the remuneration committee of the company due to his other personal commitments which require more of his dedication, all with effect from 1 September 2017.