The board of directors of Computech Holdings Limited announced that with effect from 30 January 2014, Mr. Kwok Shun Tim resigned as an executive director due to his other business commitments which require more of his time. Mr. Kwok remains as an employee of the group. Mr. Kwok has confirmed that he does not have any disagreement with the board and there are no matters relating to his resignation that need to be brought to the attention of the shareholders of the company.

The board announced that with effect from 30 January 2014, Mr. Zhang Peiao has been appointed as an executive Director and the chief executive officer of the company. Pursuant to the appointment letter entered into between Mr. Zhang and the company, Mr. Zhang is appointed for a fixed term commencing on 30 January 2014 and ending on 31 December 2014. Mr. Zhang's appointment shall be subject to retirement by rotation and re-election at general meeting of the company in accordance with the articles of association of the company.

From June 2005 to December 2013, Mr. Zhang was the senior vice president of KuBao Information Technology (Shanghai) Co. Ltd. and was responsible for the operation and management, media relations, government relations and legal affairs of China Online Game Service Network.