The board of directors of Powerlong Real Estate Holdings Limited announced that Ms. Yip Yim Ting Fanny has resigned as the company secretary and one of the authorised representatives of the Company as required under Rule 3.05 of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited and the authorised representative of the Company for accepting service of process and notices on behalf of the Company in Hong Kong as required under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) with effect from 14 October 2016. Following the resignation of Ms. Yip, the Board announced that Ms. Xiao Ying Lin has been appointed as the company secretary and one of the authorised representatives of the Company as required under Rule 3.05 of the Listing Rules and the authorised representative of the Company for accepting service of process and notices on behalf of the Company in Hong Kong as required under Part 16 of the Companies Ordinance with effect from 21 October 2016. Ms. Xiao is a fellow member of The Institute of Chartered Secretaries and Administrators of the United Kingdom and The Hong Kong Institute of Chartered Secretaries as well as a member of The Chinese Institute of Certified Public Accountants. She acted as a company secretary of the Company from October 2012 to October 2015. Prior to that, Ms. Xiao also acted as a company secretary of Lianhua Supermarket Holdings Co. Ltd.