The board of directors of Futong Technology Development Holdings Limited announced that Mr. Ho Pak Tai Patrick (Mr. Ho) has tendered his resignation as an independent non-executive director with effect from 1 January 2017 due to devotion to his other personal development. Upon the resignation becomes effective, Mr. Ho would also cease to be a member of each of the audit committee, nomination committee and remuneration committee of the Company. The Board is also announced that Mr. Lee Kwan Hung, an independent non-executive director, the chairman of the nomination committee and a member of the remuneration committee of the company, has been appointed as a member of the audit committee of the company with effect from 1 January 2017.