The board of directors of South China Assets Holdings Limited hereby announced that Mr. Yeung Chi Hang has been appointed as an Independent Non-executive Director and a member of the Remuneration and Nomination Committee of the Company with effect from 6 September 2017. Mr. Yeung, has more than 25 years' experience in audit, finance, PRC tax and project administration. Now he has his own consultancy firm to provide professional advice to clients mainly on project administration and financial & management report system.