The board of directors of Chinese Strategic Holdings Limited announced that Mr. Li Chak Hung has tendered his resignation as the joint company secretary of the company and Mr. Lam Kwok Hing Wilfred, an executive director of the company and chairman of the Board, has been appointed as the joint company secretary of the company, both with effect from 1 February 2014. Following the resignation of Mr. Li as joint company secretary, the company has made an application for the Stock Exchange to grant a new waiver to the Company from strict compliance with Rules 5.14 and 11.07(2) of the GEM Listing Rules for the remaining period from 1 February 2014 to 31 January 2016 in relation to Ms. Cheung's eligibility to act as the joint company secretary of the company, on the condition that, among other things, Ms. Cheung will be assisted by Mr. Lam during the new waiver period.