Daphne International Holdings Limited Announces Demise of Kuo Jung-Cheng, an Independent Non-Executive Director

Daphne International Holdings Limited is a Hong Kong-based investment holding company principally engaged in the manufacture, distribution and retailing of footwear products and accessories. The Company operates through three segments. The Core Brands segment is engaged in the sales of products under Daphne and Shoe Box. The Other Brands segment is engaged in the sales of products under Aee and dulala, among others. The Manufacturing segment is engaged in the manufacture of products. The Company is also engaged in e-commerce businesses through its subsidiaries. The Company mainly operates its businesses in Great China, Asia, Europe and North America.