China First Capital Group Limited has adopted a dividend policy pursuant to rule 13.09(2) of the listing rules that, in recommending or declaring dividends, the company shall maintain adequate cash reserves for meeting its working capital requirements and future growth as well as its shareholder value. The board has the discretion to declare and distribute dividends to the shareholders, subject to the memorandum and articles of the association of the company and all applicable laws and regulations and the factors. The board shall also take into account the following factors of the Group when considering the declaration and payment of dividends, including financial result, cash flow situation, business conditions and strategies, future operations and earnings, capital requirements and expenditure plans, interests of shareholders, any restrictions on payment of dividends and any other factors that the board may consider relevant. The board will review the Dividend Policy as appropriate from time to time.

China First Capital Group Limited announced that Mr. Tang Mingyang has resigned as executive director and a member of the strategy committee of the company.