The board of directors of BOE Varitronix Limited announced that, Ms. Ko Wing Yan, Samantha, an executive Director, will be re-designated from a co-chief executive officer of the company to the vice chairlady of the company; and Mr. Su Ning, an executive Director, will be re-designated from a co-chief executive officer of the company to the chief executive officer of the company, both with effect from 1 January 2019. Ms. Ko, was appointed as an executive Director and the chief financial officer of the Company in October 2014. Ms. Ko was also appointed as the chief executive officer of the Company in March 2015 and was redesignated to a co-chief executive officer of the Company in April 2016.

She has over seven years of experience in banking and has extensive experience in the securities and capital markets, and was a director of global markets ­ structured credit and fund solutions of HSBC until August 2009. Mr. Su was appointed as an executive Director and a co-chief executive officer of the Company in April 2016. Mr. Su is a member of the nomination committee of the Company and a director of various subsidiaries of the Group.

Since 2005, Mr. Su has served as a deputy division chief in the module technical department, a deputy department head in the new application business department, the division chief, a deputy general manager in the application business department of Beijing BOE Optoelectronics Technology Co. Ltd. (a subsidiary of BOE Technology Group Co. Ltd., is a controlling shareholder).

Mr. Su is the general manager of the application business department of Beijing BOE Display Technology Co. Ltd. (a subsidiary of BOE).