The board of directors of CPMC Holdings Limited announced that Mr. Li Jian has resigned as a non-executive director and a member of the risk management committee of the company with effect from August 15, 2017 as he has reached the retirement age. The board announced that with effect from August 15, 2017, Ms. Yu Youzhi has been appointed as a non-executive Director. Ms. Yu is appointed as a non-executive director on August 15, 2017. She had also served as the deputy minister as well as the director of the labour union office of the communist party office and the vice chairman of the labour union of COFCO Corporation from 2008 to 2016. Following the resignation of Mr. Li as a member of the risk management committee, Mr. Zhang Ye, an executive Director, has been appointed as a member of the risk management committee with effect from August 15, 2017.