The Board of Hengan International Group Company Limited announced that, each of Mr. Hung Ching Shan, Mr. Xu Shui Shen and Mr. Xu Chun Man will retire and has decided not to seek for re-election as an executive Director, and Mr. Chan Henry will retire and has decided not to seek for re-election as an independent non-executive Director respectively at the AGM. Accordingly, Mr. Hung Ching Shan, Mr. Xu Shui Shen and Mr. Xu Chun Man will cease to act as an executive Director, and Mr. Chan Henry will cease to act as an independent non-executive Director, chairman of the remuneration committee of the Company and member of each of the audit committee and nomination committee of the Company respectively upon the conclusion of the AGM.