China Baoli Technologies Holdings Limited announced that Mr. Lee Chi Ming, an independent non-executive Director, would not offer himself for re-election at the AGM due to his other business commitments and accordingly has retired at the conclusion of the AGM. In addition, Mr. Lee has ceased to be the chairman of both the audit committee and nomination committee of the company, and a member of the remuneration Committee of the company at the conclusion of the AGM. The Board announced that Mr. Chan Kee Huen, Michael, an independent non-executive Director, has been appointed as the chairman of both the Audit Committee and Nomination Committee, and a member of the Remuneration Committee in place of Mr. Lee with effect from the conclusion of the AGM.