The board of directors of Wealth Glory Holdings Limited announced that Mr. Lu Xianglong has been appointed as a non-executive Director with effect from 24 February 2016. Mr. Lu has extensive experience in finance, footwear and e-Commerce business. Mr. Lu is currently the chief executive officer of Guangzhou Letao Shengshi Network Technology Company Limited.

He shall hold office until the next annual general meeting of the Company and thereafter be subject to retirement by rotation and re-election every year at the Company's annual general meetings in accordance with the articles of association of the Company and the relevant provisions of the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited.