The board of directors of Hao Tian Development Group Limited announced that Mr. Gao Shufang has tendered his resignation as the chief executive officer of the company with effect from 30 September 2017 due to his intention to devote his time to pursuing other endeavours. Following Mr. Gao's resignation, the former role and responsibilities of Mr. Gao as chief executive officer of the company would be performed by the existing executive management of the company.