The board of directors of V.S. International Group Limited announced that with effect from 12 June 2015, Mr. Lee Soo Gee resigned as an independent non-executive Director, the chairman of the remuneration committee of the company and a member of the audit committee of the company due to his other business commitments. The Board announced that with effect from 12 June 2015, Ms. Fu Xiao Nan was appointed as an independent non-executive Director, the chairman of the Remuneration Committee and a member of the Audit Committee. Ms. Fu has over 15 years of investment banking experience in the capital markets of the People's Republic of China.

She is a sponsor representative registered with China Securities Regulatory Commission. Ms. Fu is currently a member of the senior management of Huatai United Securities Co. Ltd.