As a result in the change in control of Prosten Technology Holdings Ltd., the Board announced that, with effect after 16 July 2015: (i) Mr. Yip Heon Keung will be re-designated from an executive Director to a non-executive Director and cease to be the chairman of the Board, chairman of the nomination committee and a member of the remuneration committee; (ii) Mr. Yip Heon Ping will resign as an executive Director; (iii) Ms. Li Luyi will resign as a non-executive Director; (iv) Mr. Tam Chun Wan will resign as an independent non-executive Director and cease to be the chairman of the audit committee and a member of the nomination committee; (v) Mr. Tse Yuet Ling, Justine will resign as an independent non-executive Director and cease to be the chairman of the remuneration committee and a member of the audit committee; and (vi) Ms. Lai May Lun will resign as an independent non-executive Director and cease to be the members of the audit committee, remuneration committee and nomination committee. With effect after 16 July 2015, Mr. Xu Zhigang, an executive Director, will be appointed as the chairman of the Board. With effect after 16 July 2015, the following Directors will be appointed to the respective roles in the Board committees: Audit Committee - Ms. Wong Chi Yan (chairman); Mr. Chen Weixi (member); Mr. Xu Xiaoping (member); Mr. Lam Kwok Cheong (member); Remuneration Committee - Mr. Xu Xiaoping (chairman); Mr. Xu Zhigang (member); Mr. Lam Kwok Cheong (member); Nomination Committee - Mr. Xu Zhigang (chairman) Mr. Xu Xiaoping (member); Mr. Lam Kwok Cheong (member).

With effect after 16 July 2015, (i) Mr. Yip Heon Keung and Mr. Yip Heon Ping will resign as the authorised representatives of the company; and (ii) Mr. Xu Zhigang and Ms. Lo Oi Ling will be appointed as the authorised representatives.