The board of directors of Koradior Holdings Limited announced that Mr. Zhou Xiaoyu has been appointed as independent non-executive Director, the chairman of the Remuneration Committee and a member of the Audit Committee and the Nomination Committee with effect from 30 June 2016. Mr. Zhou was the founder of (Shenzhen Diwei Video Technology Company Limited) and was the managing director during 2000 to 2004. In 2001, Mr. Zhou founded (Shenzhen Sanghaitong Investment Company Limited) and was the managing director. In 2005, Mr. Zhou founded Shenzhen Binghong Investment Company Limited and was the managing director.