The board of Cinda International Holdings Limited announced, Mr. Wang Tongsan has tendered his resignation as an independent non-executive Director, the chairman of the Nomination Committee and a member of the Audit Committee. Mr. Chen Gongmeng has tendered his resignation as an independent non-executive Director and a member of the Audit Committee, the Remuneration Committee and the Nomination Committee. Ms. Zheng Yi has been appointed as a non-executive Director. Mr. Xia Zhidong has been appointed as an independent non-executive Director, the chairman of the Remuneration Committee and a member of the Audit Committee and the Nomination Committee. Dr. Liu Xiaofeng has been appointed as an independent non-executive Director and a member of the Audit Committee and the Nomination Committee. Mr. Hung Muk Ming, an independent non-executive Director, has resigned as the chairman of the Remuneration Committee and remain as a member thereof. And Mr. Zhao Hongwei, an executive Director, has been re-designated as the chairman of the Nomination Committee. Ms. Zheng, since 2005, and has been appointed as the assistant manager or manager of various departments thereof, and is currently acting as the director of group management department of China Cinda. Save as disclosed above, Ms. Zheng holds no directorships in other public listed companies in the past three years. Mr. Xia, since 2014, and the independent director of Citic-prudential Fund Management Limited since 2005. Dr. Liu, since April 2004 and an independent non-executive director of Honghua Group Limited, since January 2008, the issued shares of all of which are listed on the Stock Exchange. He is also currently an independent director of UBS Securities Co. Ltd.