Further to the announcement made on 19 June 2017 in relation to the Notice of withdrawal of Resolution 4 under agenda item 5 of the notice of 2017 Annual General Meeting, to re-appointment of Messrs Helmi Talib & Co. as Auditors of the Company, the Board of Directors of China Ouhua wishes to announce that the Company had on 26 September 2017 received a notice of nomination from Hua Xin International Holdings Limited, the substantial shareholder of the Company, for the proposed appointment of Messrs. UHY Lee Seng Chan & Co. as Auditors of the Company for the financial year ending 31 December 2017 and to hold office until the conclusion of the next Annual General Meeting of the Company at a remuneration to be fixed by the Board (“Proposed Appointment of Auditors”).

The Proposed Appointment of Auditors is subject to the approval of the shareholders of China Ouhua at an Extraordinary General Meeting (“EGM”) of the Company to be convened.

A Circular containing the details and information of the Proposed Appointment of Auditors together with the Notice of EGM will be dispatched to the shareholders of the Company in due course.

This announcement is dated 26 September 2017.