The board of directors of Global Bio-chem Technology Grou Company Limited announced the change in composition of the nomination committee of the company with effect from December 8, 2016: Ms. Wang Qiu has ceased to be the chairman and member of the Nomination Committee; Ms. Chiu Lai Ling Shirley has been appointed as the chairman of the Nomination Committe and Mr. Wang Jian has been appointed as a member of the Nomination Committee.