The board of directors of Grand Peace Group Holdings Limited announced that with effect from 19 March 2018, Mr. Li Ge has resigned as an Executive Director, the Chairman of the Board and the Chief Executive Officer of the company to pursue his personal business and development and ceased to be an authorised representative of the company. The Board announced that Mr. Wong Wai Leung, an Executive Director has been appointed as an Authorised Representative and the Compliance Officer of the company with effect from 19 March 2018.