Jiu Rong Holdings Limited announced that Mr. Tang Chin Wan (Mr. Tang) has tendered his resignation as an executive Director and authorized representative of the company with effect from 1 June 2015 due to devotion to his personal business development. Mr. Tang has confirmed that he has no disagreement with the Board and there is no circumstance connected with his resignation that needs to be brought to the attention of The Stock Exchange and the holders of securities of the company. Mr. Yin Jianwen (Mr. Yin) will be appointed as an executive Director and authorized representative of the company with effect from 1 June 2015.

Mr. Yin has extensive experiences in the import and export business, real estate, electronics operation and management. Mr. Yin was an executive director of (SOYEA Technology Co., Ltd) from June 2008 to August 2013 .