The board of directors of Chinese Strategic Holdings Limited announced that Mr. Lam Kwok Hing Wilfred has been re-designated from an executive Director to a non-executive Director of the company while remained as the chairman, members of nomination committee and remuneration committee of the company with effect from December 1, 2018. Mr. Lam, aged 59, was appointed as a non-executive Director on September 2, 2013 and has been re-designated as Chairman of the Board and an executive Director with effect from January 1, 2014. He has also been appointed as members of the nomination committee and the remuneration committee of the Company. Mr. Lam is currently the director of certain subsidiaries of the Company.