Solis Holdings Limited announced that given that the Resolutions numbered 2 and 3(iv) relating to the re-election of Mr. Liang Qianyuan as an executive Director and Mr. Liu Hongen as an independent non-executive Director were not passed at the AGM, Mr. Liang Qianyuan retired as executive Director and Mr. Liu Hongen retired as independent non-executive Director upon conclusion of the AGM. Following the retirement as an executive Director, Mr. Liang Qianyuan ceased to be the chairman of the Corporate Governance Committee of the Board and following the retirement as an independent non-executive Director, Mr. Liu Hongen ceased to be the member of the Nomination Committee of the Board. Mr. Tay Yong Hua has replaced Mr. Liang Qianyuan as the chairman of the corporate governance committee.