The board of directors of China Electronics Huada Technology Company Limited announced that Mr. Ma Yuchuan has resigned from his position as an executive Director of the company, the Deputy Chairman of the Board, and a member of the Remuneration and Nomination Committee of the Board with effect from January 15, 2018. Mr. Ma has resigned due to changes of work arrangement. And Mr. Jiang Juncheng has been re-designated from a non-executive Director of the company to an executive Director of the company, and appointed as the Deputy Chairman of the board and a member of the Remuneration and Nomination Committee of the Board with effect from January 15, 2018. The board further announced that Ms. Liu Jinmei has been appointed as a non-executive Director of the company with effect from January 15, 2018. Ms. Liu is the assistant general manageress of Huada Semiconductor, a director of Shanghai Belling, and a director of Beijing Chipadvanced Technology Inc.