On November 7, 2016, Barry C. S. Yiu notified the Board of Directors of Chinawe.com Inc. that he was resigning from the Board of the company effective immediately. Mr. Yiu served as a Director of the Company since 2002. On November 7, 2016, the Board of Directors of the Company elected Mr. Zhao Xiaojiang to fill the vacancy created by the resignation of Mr. Yiu. Mr. Zhao will serve as a director until the next annual meeting of the shareholders of the company and until his successor is duly elected and qualified.