The board of directors of CNC Holdings Limited announced that on 7 December 2017, the Board has received the resignation letter of Mr. Zou Chen Dong, pursuant to which Mr. Zou has tendered his resignation as the vice-chairman of the Board, the chief executive officer of the Company, an executive Director, the compliance officer and authorised representative of the Company and a member of the nomination committee of the Company, all with effect from 7 March 2018 because due to his other business commitments which require more of his attention and dedication.