Starlight International Holdings Limited announced that as a result of the change in control of Starlight International Holdings Limited, the board announced that with effect from July 21, 2014, Lau Sak Hong, Philip has resigned as executive director and the chairman of the board; each of Lau Sak Kai, Anthony and Mr. Lau Sak Yuk, Andy has resigned as executive director; Lau Chu Lan, Carol has resigned as executive director and chief financial officer of the company; Hon Sheung Tin, Peter has resigned as non-executive director; and each of Chan Chak Chung, Chuck Winston Calptor and Tang Yee Man has resigned as independent non- executive director. The board also announced that, with effect from July 21, 2014, each of Wang Jing, Wang Xing Qiao, Chen Wan Jin and Zhao Shuang has been appointed as executive director; Li Jun has been appointed as non-executive director; and each of Yang Xin Hua, Wang Ping and Cheng Tai Kwan Sunny has been appointed as independent non-executive director. Wang Jing has also been appointed as chairman of the board, and Wang Xing Qiao has also been appointed as chief executive officer of the company.

In addition, Lau Sak Hong, Philip and Mr. Lau Sak Kai Anthony have resigned as the authorised representatives of the company; Lau Sak Yuk, Andy and Lau Chu Lan, Carol have resigned as the alternate authorised representatives of the company; and Lau Sak Yuk, Andy has resigned as the authorised representative all with effect from July 21, 2014. Lo Tai On has resigned as the company secretary with effect from July 21, 2014. The board also announced that Lam Wai Kei has been appointed as the company secretary with effect from July 21, 2014.

Wang Jing is a vice chairman of Liaoning Federation of Industry and Commerce. He currently acts as the chairman of Liaoning Shihua Group. He has also been an executive member of the Property Development Industry Association of Liaoning Province since March 2012.

In February 2014. Wang Xing Qiao is currently the deputy general manager of Liaoning Shihua Group and is also the Shenyang regional general manager of Liaoning Shihua Group. Chen Wan Jin has been the president and party branch general secretary of South Branch of Benxi City Commercial Bank, since March 2010.

Zhao Shuang was appointed as the head of assets management of Liaoning Shihua Group in 2009 and later the general manager of Liaoning Shihua Group responsible for assets management in January 2014. Li Jun was appointed as the Benxi regional vice general manager of Liaoning Shihua Group in 2007, and the general manager of Liaoning Shihua Property Group in 2014. Yang Xin Hua was the chairman and general manager of Bei Tai Iron and Steel (Group) Co.

Ltd. and he has been a part-time professor at Yanshan University since 2002. Wang Ping has over 15 years of experience in corporate finance, audit and accounting. He is currently an executive director and chief financial officer of China Vehicle Components Technology Holdings Limited.

Cheng Tai Kwan Sunny has years of experience in management, financial reporting and management accounting. Cheng is currently the chief executive officer of a private group.