The board of directors of GreaterChina Professional Services Limited announced that with effect from 2 July 2014: Mr. Au-Yang Cheong Yan, Peter has resigned as an independent non-executive director, the chairman of the Board, the chairman of the nomination committee and a member of the audit committee and the remuneration committee of the company due to his other business commitments which require more of his dedications and after expiry of the term of three years pursuant to the letter of appointment entered into with the company; and Mr. Wu Chi Keung has resigned as an INED, the chairman of the audit committee and the remuneration committee and a member of the nomination committee of the company due to his other business commitments and after expiry of the terms of three years pursuant to the letter of appointment entered into with the company. The Board also announced that with effect from 2 July 2014: Mr. Tso Ping Cheong, Brian has been appointed as an INED, the chairman of the Board, the chairman of the audit committee and a member of the remuneration committee and the nomination committee of the company; and Mr. Yip Chung Wai, David has been appointed as an INED, the chairman of the nomination committee and a member of the audit committee and the remuneration committee of the company. The Board further announced that Ms. Ng See Wai, Rowena has been appointed as the chairman of the remuneration committee of the company with effect from 2 July 2014.