The board of directors of Hanbo Enterprises Holdings Limited announced that, with effect from 7 February 2017, Mr. Hon Ming Sang has been re-designated from an independent non-executive Director to an executive Director. Following his re-designation, he also resigned as a member of each of the audit committee of the company, the nomination committee of the company and the remuneration committee of the company but remains as a member of the compliance committee of the company and Mr. Lam Ho Pong has been appointed as an independent non-executive Director and a member of each of the Audit Committee, the Nomination Committee, the Remuneration Committee and the Compliance Committee. Mr. Hon is a member of the Hong Kong Institute of Certified Public Accountants. He is an executive director and the company secretary of China Smarter Energy Group Holdings Limited and an independent non-executive director of Runway Global Holdings Company Limited. Mr. Lam is a member of the Hong Kong Institute of Certified Public Accountants. Mr. Lam is a financial controller of an organization in the metals service centers industry in Hong Kong. Prior to joining the company, he worked for a global international accounting firm for five years.