National Agricultural Holdings Limited announced that Mr. Liu Yong has tendered his resignation as an executive director of the company with effect from May 13, 2016 due to his health reasons. Mr. Liu has announced that he has no disagreement with the Board and there is no other matters regarding his resignation that need to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. The Board has also received a notice from Coopinvest Company Limited, recommending Mr. Shen Zai Tao, the current general manager at Coopinvest, to be the nominee for the company's executive director subject to the approval by the Board.