The board of directors of Maoye International Holdings Limited announced that Ms. Wang Fuqin has resigned as an executive director, the vice president, an authorised representative and a member of the Remuneration Committee of the company with effect from 3 June 2016. The Board announced that Mr. Liu Bo was appointed as an executive director, an authorised representative under Rule 3.05 of the Listing Rules, and a member of the Remuneration Committee of the company in place of Ms. Wang with effect from 3 June 2016. Mr. Liu Bo is the vice president and chief financial officer of the company. He joined the Group in September 2015 and has been appointed as the vice president of the company since September 2015 and as the chief financial officer of the company since December 2015.