Sun.King Power Electronics Group Limited announced that due to his decision to devote more time to personal development, Mr. Li Fengling (Mr. Li) tendered his resignation as an independent non-executive Director, a member of the audit committee of the Board, a member of the remuneration committee of the Board, the chairman of the nomination committee of the board and the chairman of the investment committee of the board, all with effect from 19 December 2016. The board announced that Mr. Zhang Xuejun (Mr. Zhang) was appointed as an independent non-executive Director, a member of the audit committee of the board, a member of the remuneration committee of the board, the chairman of the nomination committee of the board and the chairman of the investment committee of the board, all with effect from 19 December 2016. Mr. Zhang successively assumed the deputy office head of Municipal Party Committee of Youth League in Beijing, secretary of the Committee of Youth League in Chaoyang District in Beijing, director and secretary of Party Work Committee of Heping Subdistrict Office in Chaoyang District in Beijing. Mr. Zhang has been a co-chief executive officer of Hsin Chong Group Holdings Limited from September 2016, primarily responsible for the management of business in the mainland China.