Coastal Greenland Limited announced that Mr. Chen Xiaotian has retired as an independent non-executive Director and not offered for re-election at the AGM. Mr. Chen Xiaotian also ceased to be the chairman of the audit committee of the Board and member of the nomination committee of the Board with effect from 12 September 2016. The Board announced that Mr. Huang Xihua has been appointed as the chairman of the audit committee of the Board with effect from 12 September 2016.