Starlight Culture Entertainment Group Limited announced that the resolution 2A regarding the re-election of Mr. Yan Xu ("Mr. Yan") as an executive director of the Company was not passed at the AGM was held on 29 June 2018 since there was not a majority of votes cast for such resolution. Accordingly, Mr. Yan retired by rotation as a director of the Company and ceased to be the chairman of the Board in accordance with the bye-laws of the Company.