The board of FDG Kinetic Limited announced that, Dr. Chen Yanping did not offer himself for re-election at the AGM due to his intention to focus on his role as an executive director and chief technical officer of FDG Electric Vehicles Limited. Therefore, Dr. Chen retired as the non-executive director of the company with effect from the conclusion of the AGM on 31 August 2018 and Mr. Sun Ziqiang has tendered his resignation to the board as the vice chairman of the company with effect from 31 August 2018 due to his other personal business and arrangement. However, Mr. Sun will remain as the executive director of the company.