The Board of Directors of China Gaoxian Fibre Fabric Holdings Ltd. announced the following changes to the Board and Board Committees with effect from 29 February 2016: Mr. Tham Wan Loong, Jerome (Executive Director and members of the Audit Committee, NC and RC) shall step down as a member of the RC. Mr. Sze Man Kam (Independent Director, the RC Chairman and an AC member) shall relinquish his position as the RC Chairman and remains as a RC member. In addition, he shall be re-designated as the AC Chairman.