The Board of Fujian Holdings Limited announced that on 20 May 2015 Mr. Ye Tao has tendered his resignation as a non-executive director of the company with effect from 20 May 2015 due to his wish to focus on the development of his business. Mr. Ye has confirmed that he has no disagreement with the Board and there are no matters relating to his resignation that needs to be brought to the attention of the shareholders of the company. The Board announced that on 20 May 2015 Mr. Zhang Fan has been appointed as a non-executive director of the company with effect from 20 May 2015.

Mr. Zhang, has been a director of Sino Earn Holdings Limited, a substantial shareholder of the company, since 25 April 2014. Mr. Zhang has over 15 years of experience in management and finance. Mr. Zhang graduated from Xiamen University with a bachelor's degree in international finance and is an economist.