The board of directors of Leyou Technologies Holdings Limited announced that with effect from July 24, 2015, Mr. Yeung Chun Wai, Anthony has resigned as an executive Director and Vice Chairman of the Company due to his other commitments which require more of his dedication; and Mr. Chen Domingo has resigned as an executive Director of the Company due to his other commitments which require more of his dedication. Mr. Yeung and Mr. Chen brought their deep knowledge and experience in formulating the strategy of developing global video gaming business for the Company and directed ongoing efforts to increase the Company's business development in the western markets. The Board also announced that with effect from July 24, 2015, Mr. Eric Todd has been appointed as a non-executive Director of the Company. Mr. Todd has been working as a business consultant since 2009 specializing in the finance, investment and media sectors. The Board also announced that with effect from July 24, 2015: Mr. Chan Fong Kong Francis has resigned as an independent non-executive Director, and a member of each of the Audit Committee and Remuneration Committee of the Company due to his other commitments which require more of his dedication; and Mr. Chan Chi Yuen has been appointed as an independent non-executive Director and a member of each of the Audit Committee and the Remuneration Committee of the Company. Mr. Chan Chi Yuen is currently an executive director and the chief executive officer of Noble Century Investment Holdings Limited an executive director of Co-Prosperity Holdings Limited and e-Kong Group Limited an independent non-executive director of Asia Energy Logistics Group Limited, REX Global Entertainment Holdings Limited, Jun Yang Solar Power Investments Limited, Media Asia Group Holdings Limited, New Times Energy Corporation Limited Times Energy Corporation Limited. Mr. Chan Chi Yuen was an executive director of South East Group Limited from December 2013 to July 2015, an executive director and the chairman of Kong Sun Holdings Limited from December 2011 to September 2013, and an independent non-executive director of
China Sandi Holdings Limited from September 2009 to July 2014. The Board also announced that with effect from July 24, 2015 Ms. Huen Lai Chun has resigned as the company secretary of the Company and an authorized representative of the Company and Mr. Yau Yan Ming Raymond has been appointed as the Company Secretary and an Authorized Representative in place of Ms. Huen.