The Board of Yida China Holdings Limited announced that with effect from 22 June 2018: Mr. Zhang Zhichao has resigned as the chairman of the Board, executive Director and chairman of the nomination committee of the Board; Mr. Jiang Xiuwen has been appointed as the chairman of the Board and chairman of the nomination committee of the Board; and Ms. Zheng Xiaohua has been appointed as an executive Director. Ms. Zheng is the vice president of the Group, and is responsible for financial management, financial accounting and tax planning of the Group.