Date of announcement  2017/01/19 
Time of announcement  17:58:46 
 
Date of events   2017/01/19  
To which item it meets paragraph 6 
Statement  
1.Date of the board of directors resolution or date of occurrence of the
  change:2017/01/19
2.Type of personnel (chairman or general manager):General Manager
3.Name and resume of the replaced personnel:Mr. Paul Yang,
General Manager, China Development Financial
4.Name and resume of the new personnel:Mr. Daw-Yi Hsu,
Executive Vice President, China Development Financial
5.Type of the change (please enter: “resignation”, “conge”,
“tenure expired” ,“position adjustment”, “dismissal”, “retirement”,
“death” or “new appointment” ):Resignation
6.Reason for the change:Resignation
7.Effective date of the new appointment:
Effective upon regulatory authority's approval.
8.Any other matters that need to be specified:
Approved by BOD of China Development Financial,
Mr. Daw-Yi Hsu will be the acting General Manager
of the Company.  Before regulatory authority's approval,
Mr. Hsu will temporarily act General Manager's position.