On 30 April 2015, Mr. Li Kwei Chung retired as the executive director of the Company and ceased to be the chief executive officer, the compliance officer and an authorized representative of the Megalogic Technology Holdings Limited. Following Mr. Li's retirement, he also ceased to act as the director of all of the subsidiaries of the Company except for the director of MiniLogic Device Corporation Limited and Minilogic Investment Limited and continued to be the chief executive officer of integrated circuit business responsible for daily operations, research and development activities, procurement and quality control. On the same day, Mr. Chan Sun Kwong retired as the independent non-executive director of the Company and ceased to be the chairman of the audit committee, the remuneration committee and the nomination committee of the Company.

At the same time, Mr. Cheung Chi Man, Dennis was elected as an independent non-executive director of the Company and appointed as the chairman of the audit committee, the remuneration committee and the nomination committee of the Company. Dr. Sung Tak Wing Leo was promoted from chief financial officer to chief executive officer of the Company. Mr. Zhang Qing was appointed as the compliance officer of the Company.