The Board of Directors of Precision Tsugami (China) Corporation Limited announced that it has approved the following changes to the composition of the remuneration committee of the Board, with effect from 2 February 2018, for a reallocation of responsibilities: Mr. Yoshimasa Hashimoto, an executive director of the company, has ceased to be a member of the Remuneration Committee; In place of Mr. Yoshimasa Hashimoto, Dr. Tang Donglei, who is currently the chief executive officer of the company and an executive director of the company, has been appointed as a member of the Remuneration Committee; Mr. Tam Kin Bor, an independent non-executive director of the company, currently the kchairman of the Remuneration Committee, has been re-designated as a member of the Remuneration Committee; and Dr. Huang Ping, an independent non-executive director of the Company, currently a member of the Remuneration Committee, has been re-designated as the chairman of the Remuneration Committee.