The board of Directors of Fufeng Group Limited announced that Mr. Sun Yu Guo has tendered his resignation as an independent non-executive Director, the chairman of the audit committee (the Audit Committee) and the remuneration committee (the Remuneration Committee) and a member of the nomination committee (the Nomination Committee) of the company with effect from 25 September 2017 due to personal health reason. His resignation has been accepted by the Board. The Board announced that Mr. Xiao Jian Lin has been appointed as an independent non-executive Director, the chairman of Audit Committee and Remuneration Committee, and a member of Nomination Committee with effect from 26 September 2017 in order to comply with rule 3.10A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the Listing Rules). Mr. Xiao Jian Lin has over 25 years' experience in the field of accounting and financial management. From 1997 to 2015, Mr. Xiao served in Hisense Group Co. Ltd. as vice president and head of Business Administrative Department.