The board of directors of Huanxi Media Group Limited announced that with effect from 30 September 2016, Mr. So Chak Kwong has resigned as a non-executive director of the company to pursue his other business commitments. Following the aforesaid resignation of director, the Board announced the following change of composition of the audit committee of the company with effect from 30 September 2016: (1) Mr. So has ceased to be a member of the audit committee of the company; and (2) Mr. Gao Zhikai, a non-executive director of the company, has been appointed as a member of the audit committee of the company.