The board of directors of Sinofert Holdings Limited announced that the Board has made the following adjustments to the composition of the remuneration committee so that the directors of the Company may make better use of their time in fulfilling their duties and responsibilities in the committees of the Board: With effect from 28 March 2018, Mr. Ko Ming Tung, Edward, an independent non-executive director of the Company, has ceased to be the chairman of the remuneration committee but remained as a member of the remuneration committee, and Mr. Lu Xin, an independent non-executive director of the Company, has been appointed as the chairman of the remuneration committee; and with effect from 28 March 2018, Mr. Harry Yang, an executive director of the Company, has ceased to be a member of the remuneration committee, and Mr. Yang Lin, a non-executive director of the Company, has been appointed as a member of the remuneration committee.