Daohe Global : Announcement - (1) CHANGE OF BOARD MEMBERS AND ITS COMMITTEES’ MEMBERS, AND RESIGNATION OF COMPANY SECRETARY AND AUTHORISED REPRESENTATIVE (2) CHANGE IN THE HOLDING OF A FINANCIAL OFFICE (3) APPOINTMENT OF GROUP FINANCIAL CONTROLLER (4) APPOINTMENT OF COMPANY SECRETARY AND AUTHORISED REPRESENTATIVE

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

Daohe Global Group Limited

道 和 環 球 集 團 有 限 公 司

(Incorporated in Bermuda with limited liability)

(Stock Code: 915)

1. CHANGE OF BOARD MEMBERS AND

   ITS COMMITTEES' MEMBERS, AND RESIGNATION OF COMPANY SECRETARY AND AUTHORISED REPRESENTATIVE

2. CHANGE IN THE HOLDING OF A FINANCIAL OFFICE

3. APPOINTMENT OF GROUP FINANCIAL CONTROLLER

4. APPOINTMENT OF COMPANY SECRETARY AND AUTHORISED REPRESENTATIVE

CHANGE OF BOARD MEMBERS AND ITS COMMITTEES' MEMBERS, AND RESIGNATION OF COMPANY SECRETARY AND AUTHORISED REPRESENTATIVE

Mr. HWANG Hau-zen, Basil has resigned as an executive director of the Company, general counsel and head of development and investments of the Group, a member of the executive committee of the Board and company secretary of the Company. Mr. HWANG Hau-zen, Basil has also ceased to act as an authorised representative of the Company.

Mr. HENG Victor Ja Wei has resigned as an independent non-executive director of the Company and a member of the audit committee of the Board.

Mr. ZHANG Jifeng has been appointed as an executive director of the Company and a member of the executive committee of the Board.

Mr. LAU Shu Yan has been appointed as an independent non-executive director of the Company and the chairman of the audit committee of the Board.

Mr. ZHANG Huijun has been appointed as an independent non-executive director of the Company, a member of each of the audit committee, the remuneration committee and the nomination committee of the Board.

CHANGE IN THE HOLDING OF A FINANCIAL OFFICE

Mr. WONG Hing Lin, Dennis, executive director, president and chief financial officer of the Company, has ceased to be the chief financial officer of the Company. He has remained as an executive director and president of the Company.

APPOINTMENT OF GROUP FINANCIAL CONTROLLER

Mr. WONG Lim Yam has taken over the responsibilities of Mr. WONG Hing Lin, Dennis as the head of finance at the Company level with title of group financial controller.

APPOINTMENT OF COMPANY SECRETARY AND AUTHORISED REPRESENTATIVE

Mr. WONG Lim Yam has been appointed as the company secretary and an authorised representative of the Company.

All of the above changes take effect from 11 January 2017.

The board (the ''Board'') of directors (the ''Directors'') of Daohe Global Group Limited (the ''Company'') hereby announces the following changes with effect from 11 January 2017:

1. CHANGE OF BOARD MEMBERS AND ITS COMMITTEES' MEMBERS, AND RESIGNATION OF COMPANY SECRETARY AND AUTHORISED REPRESENTATIVE

   Resignation of Directors/Company Secretary/Authorised Representative

2. Mr. HWANG Hau-zen, Basil

   Mr. HWANG Hau-zen, Basil (''Mr. Hwang'') has tendered his resignation as an executive director of the Company (''Executive Director''), general counsel and head of development and investments of the Group, a member of the executive committee of the Board (the ''Executive Committee'') and the company secretary of the Company in order to devote more time to his other business commitments. Mr. Hwang has also ceased to act as an authorised representative of the Company under the Rules Governing the Listing of Securities (the ''Listing Rules'') on the Stock Exchange of Hong Kong Limited (the ''Stock Exchange'').

   Mr. Hwang has confirmed to the Board that he has no disagreement with the Board and that there are no other matters relating to his resignation that need to be brought to the attention of the shareholders of the Company.

3. Mr. HENG Victor Ja Wei

Mr. HENG Victor Ja Wei (''Mr. Heng'') has resigned as an independent non- executive director of the Company (''INED'') and a member of the audit committee of the Board (the ''Audit Committee'') due to his other business commitments.

Mr. Heng has confirmed to the Board that he has no disagreement with the Board and that there are no other matters relating to his resignation that need to be brought to the attention of the shareholders of the Company.

The Board would like to express its gratitude and sincere appreciation to Mr. Hwang and Mr. Heng for the professionalism, diligence and valuable contributions that they have made to the Company during their tenure of services.

Appointment of Directors

1. Mr. ZHANG Jifeng

   Mr. ZHANG Jifeng (''Mr. Zhang Jifeng'') has been appointed as an Executive Director and a member of the Executive Committee.

   The biographical details of Mr. Zhang Jifeng are set out as follows:

   Mr. Zhang Jifeng, aged 47, is currently the fund manager of 中恒e影視文化基金 (Zhongheng e-Film Culture Fund*). He is specialised in planning and operation of film and TV investment and industrial town for film and TV culture. He graduated

   from 上海新聞廣播電視學校 (Shanghai News Broadcasting Television School*),

   specialising in news editing.

   Prior to Mr. Zhang Jifeng's appointment with 中恒e影視文化基金 (Zhongheng e- Film Culture Fund*), he had been the general manager of 北京澳金園置業發展有限 公司 (Beijing Aojinyuan Real Estate & Development Pty. Ltd.*). Formerly, he was the deputy general manager of 易居中國有限公司 (E-House (China) Holdings

   Limited*), general manager of its Shenyang branch, deputy general manager of its Beijing branch and deputy general manager of its Northern China branch; the

   deputy general manager of 上海房屋銷售有限公司 (Shanghai Real Estate Sales Co., Limited*), the predecessor of 易居中國有限公司 (E-House (China) Holdings Limited*); the strategic consultant of 上海市靜安區南京西路商業功能推動委員會

   (commercialization promotional committee of West Nanjing Road, Jing'an District in Shanghai); senior strategic manager of Shanghai branch of Midland Realty;

   strategic manager of Shanghai branch of 香港利達行房地產顧問有限公司 (Lee Tat Property Consultant Limited*); and member of 上海市內銷商品房首批按揭試點管 理方法工作小組 (Working Group for Pilot Management of First Tranche of Domestic Commodity Housing in Shanghai City*) (the representative of 上海市房 屋交易展覽市場 (Shanghai Housing Trade and Exhibition Market*)).

   Mr. Zhang Jifeng has over 20 years of experience in circulation, sales and operation of real estate. In 1993, he participated in the work of 上海內銷商品抵押 貸款購房（按揭）試點管理辦法起草小組 (drafting committee of Pilot Management

   Measures on Purchase of Property with Secured Loans (Mortgage) with Domestic

   Commodity in Shanghai*), which marked the beginning of the real estate financial business. He has more extensive experience in management and operation of listed real estate businesses specialising in services. He has working experience in development and operation of comprehensive industrial chain of film culture.

   The Company entered into a service agreement with Mr. Zhang Jifeng for an initial term of three years commencing on 11 January 2017. During the tenure, the appointment may be terminated by either party by serving not less than one month's notice in writing. Furthermore, Mr. Zhang Jifeng is subject to retirement by rotation and re-election in accordance with the Company's code on corporate governance practice and the Company's bye-laws. He will hold office until the next following general meeting of the Company and shall then be eligible for re-election at such general meeting.

   Under the service agreement, the base salary of Mr. Zhang Jifeng shall be HK$720,000 per annum and Mr. Zhang Jifeng is also entitled to participate in a profit-based bonus scheme and a share option scheme to be determined at the discretion of the Board or a committee thereof established for such purpose. The remuneration package of Mr. Zhang Jifeng was determined by the remuneration committee of the Board (the ''Remuneration Committee'') mainly by reference to Mr. Zhang Jifeng's qualifications, experience, level of responsibilities undertaken and prevailing market conditions.

2. Mr. LAU Shu Yan

Mr. LAU Shu Yan (''Mr. Lau'') has been appointed as an INED and the chairman of the Audit Committee.

The biographical details of Mr. Lau are set out as follows:

Mr. Lau, aged 34, is currently a partner of an audit firm. He had previously worked in an international accounting firm and has over 10 years of experience in finance, auditing and accounting fields. Mr. Lau is currently an independent non-executive

director of Union Asia Enterprise Holdings Limited (stock code: 8173) and 深圳市

明華澳漢科技股份有限公司 (Shenzhen Mingwah Aohan High Technology

Corporation Limited*) (stock code: 8301), the securities of both companies are listed on the Stock Exchange. He is also an independent non-executive director, chairman of the audit committee and member of the remuneration committee of Perfectech International Holdings Limited (stock code: 765), the securities of which are listed on the Stock Exchange. Mr. Lau graduated from University of Newcastle upon Tyne, United Kingdom with a Bachelor of Arts degree majoring in accounting and financial analysis. He is a certified public accountant of the Hong Kong Institute of Certified Public Accountants and a fellow of the Association of Chartered Certified Accountants.

Mr. Lau was formerly an independent non-executive director of Evershine Group Holdings Limited (formerly known as TLT Lottotainment Group Limited) from 11 July 2012 to 16 January 2014, the securities of which are listed on the Stock Exchange (stock code: 8022).