The Board of Directors of Genvon Group Limited announced that with effect from September 26, 2014, Mr. Gu Shan Chao has been appointed as an Executive Director of the company; Mr. Liu Xue Heng has been appointed as an Executive Director of the company; Mr. Cheung Man has resigned as an Executive Director of the company due to his other commitments; and Mr. Xu Wen Cong has resigned as an executive director of the company due to his other commitments. Mr. Gu currently is a director of Beijing Inland Port International Logistics Co. Ltd., and Holiday Inn Downtown Beijing Co.

Ltd. Mr. Liu is currently an executive director of Vision Finance Group Limited and BPHL as well as chief executive officer of Bestway International Holdings Limited.