Announcement of Resignation of Independent Director of the Company

1. Date of change: 2016.08.04

2. Name and resume of former incumbent: Ke Zhen, QILSTE (HongKong) Technology Co., Ltd
3. The name and resume of the new recruit: Not applicable
4. Changes (please enter "resignation", "dismissal", "term expires" or "new appointment"): resignation
5. The reason for the change: personal factors
6. Original tenure (eg xxx/xx/xx ~ xxx/xx/xx):
7. New effective date: NA
8. Change ratio of directors during the same term: 1/7
9. Change ratio of independent directors during the same term: 1/3
10. Other matters that should be stated: Ke Junzhen, an independent director, resigned as a member of the audit committee and remuneration committee at the same time.
This vacancy will be subject to a by-election at the latest shareholders' meeting in accordance with regulations.