The Board of directors of Jiashili Group Limited announced changes to the Board with effect from January 16, 2017. The company announced the appointment of Mr. Ma Xiaoqiang (Mr. Ma) as an independent non-executive Director, and a member of each of the audit committee of the company, the nomination committee of the company and the remuneration committee of the company and the resignation of Mr. Cheung Yuen Tak (Mr. Cheung) as an independent non-executive Director, and a member of each of the Audit Committee, the Nomination Committee and the Remuneration Committee, owing to the health reasons. Mr. Ma has over 8 years of work experience in international trading. Mr. Ma has been the chairman of Changjiang Trading Company Ltd. of Japan since 2008.