The board of directors of Yin He Holdings Limited announced that Mr. Li Si Cong, has tendered his resignation as an executive director with effect from 20 April 2017 in order to dedicate more time to his family business and other commitment. The board also announced that Mr. Li Ang, has been appointed as an executive director with effect from 20 April 2017. The appointment of Mr. Li Ang has been reviewed by the nomination committee of the company and approved by the board in accordance with the articles of association of the company. Mr. Li Ang, aged 30, is the son of Mr. Li Si Cong, a resigned executive director. Mr. Li Ang graduated from University of Auckland in New Zealand with a Bachelor of Arts degree in Economics.