C.BANNER INTERNATIONAL Holdings Limited announced that Mr. Li Wei has tendered his resignation as an executive Director and the Chief Executive Officer of the company with effect from February 1, 2015. The company further announced that following the resignation of Mr. Li, the Chief Executive Officer's duties would be performed by Mr. Zhao Wei, the President and an executive Director of the Company. Mr. Zhao was a former executive Director for the period from 2 February 2004 to 15 June 2012 and rejoined the Group as the President and an executive Director in October 2014.

Mr. Zhao is responsible for overseeing the Group's overall operation.