The Board of Fittec International Group Limited. announced that Mr. Lam Chi Ho (‘Mr. Lam'), Ms. Sun Mi Li (‘Ms. Sun') and Mr. Tsuji Tadao (‘Mr. Tsuji') resigned as executive Directors; and Mr. Chung Wai Kwok, Jimmy (‘Mr. Chung'), Mr. Tam Wing Kin (‘Mr. Tam') and Mr. Sin Man Yin (‘Mr. Sin') resigned as independent non-executive Directors, all with effect after the close of the Offer on 4 February 2016. Mr. Lam, Ms. Sun and Mr. Tsuji will remain as directors of existing operating subsidiaries of the Group after the close of the Offer to ensure that the Group's business is able to operate smoothly following the change of the Board composition.

The Board announces that Mr. Lee Kang Bor, Thomas, Mr. Yung Wing Ki, Samuel and Mr. Lei Jun have been appointed as members of the audit committee of the Company. Mr. Lee Kang Bor, Thomas has also been appointed as the chairman of the Audit Committee. Mr. Chung has resigned as member and chairman of the Audit Committee; and Mr. Tam and Mr. Sin have resigned as members of the Audit Committee; Mr. Yung Wing Ki, Samuel, Mr. Lee Kang Bor, Thomas and Mr. Lei Jun have been appointed as members of the remuneration committee of the Company (the ‘Remuneration Committee').

Mr. Yung Wing Ki, Samuel has also been appointed as the chairman of the Remuneration Committee. Mr. Tam has resigned as member and chairman of the Remuneration Committee; and Ms. Sun and Mr. Chung have resigned as members of the Remuneration Committee; and Mr. Lei Jun, Ms. Lo Ching and Mr. Yung Wing Ki, Samuel have been appointed as members of the nomination committee of the Company (the ‘Nomination Committee'). Mr. Lei Jun has also been appointed as the chairman of the Nomination Committee.

Mr. Sin has resigned as member and chairman of the Nomination Committee; and Mr. Lam and Mr. Chung have resigned as members of the Nomination Committee, all with effect from 4 February 2016. Mr. Cheung Yiu Leung has resigned as company secretary of the Company with effect from 4 February 2016 and Mr. Fung Nam Shan (‘Mr. Fung') has been appointed as company secretary of the Company. Mr. Fung is currently an independent non-executive director of Energy International Investments Holdings Limited.

Ms. Sun and Mr. Cheung Yiu Leung have resigned as authorised representatives of the Company with effect from 4 February 2016, and Ms. Liu Hui and Mr. Fung have been appointed as the authorised representatives of the Company.