Sino-Life Group Limited announced the resignations of Mr. Niu Tse-Cheng as a non-executive director, Mr. Zheng Yimin as a non-executive director, Mr. Lam Ying Hung Andy as an independent non-executive director and a member of the audit committee, the remuneration committee and the nomination committee of the company and Mr. Luo Xuegang as an independent non-executive director, the chairman of the nomination committee and a member of the audit committee and the remuneration committee of the company with effect from September 30, 2012. The resignation of each of Messrs. Niu Tse-Cheng, Zheng Yimin and Luo Xuegang was due to their own decision to devote more time to their personal endeavours and the resignation of Mr. Lam Ying Hung Andy was due to his personal reason.

The board announced that Mr. Ting Yung-chieh has been appointed as an executive Director; and (ii) Mr. Lee Koon Hung has been appointed as an independent non-executive director, the chairman of the nomination committee and a member of the audit committee and the remuneration committee of the company with effect from September 30, 2012. Mr. Ting joined the group in February 2012 as the business controller and has been appointed as chief operating officer of the group since June 2012. Mr. Lee is presently the director of Long Rich Investment Consultants Limited.