The board of directors of Rivera (Holdings) Limited announced that effective from May 29, 2015: Mr. Wang Fahua has been appointed an executive director of the Company and a member of the executive committee of the Board of the Company (the Executive Committee); and Mr. Ge Peijian, the Chairman of the Board of the Company, has been re-designated from an executive director to a non-executive director of the Company and has therefore ceased to act as a member of the Executive Committee. Mr. Wang Fahua acted as the deputy general manager of Investment Department of Zhangjiang Hi-Tech since March 2015. Mr. Ge Peijian, the non-executive Chairman of the Board of the Company, acts as the vice president and general manager of Zhangjiang Hi-Tech.