The board of directors of China Dynamics (Holdings) Limited announced that Mr. Zhao Hong Feng has tendered his resignation as a non-executive director of the company with effect from December 5, 2017 due to his other business engagements and commitments. He has confirmed that he has no disagreement with the Board and there are no matters with respect to his resignation that need to be brought to the attention of the shareholders of the company or the Stock Exchange of Hong Kong Limited.