The board of directors of China Vanguard Group Limited announced that Mr. HO Kam Kin (Mr. HO) has been appointed as the group regional chief financial officer and the company secretary of the Company with effect from September 1, 2016. Mr. HO is a member of the Hong Kong Institute of Certified Public Accountants and a fellow member of the Association of Chartered Certified Accountants. Mr. HO held senior accounting positions in a number of companies listed on The Stock Exchange of Hong Kong Limited and has over 14 years of experience in accounting and financial management.

Prior to joining the company, he was the financial controller and company secretary of a company listed on main board of the stock exchange. Ms. CHEUNG Kwai Lan (Ms. CHEUNG), an executive director, has ceased to act as an authorised representative of the company for the purpose of Rule 5.24 of the rules governing the listing of securities on the growth enterprise market of the stock exchange and the companies ordinance of Hong Kong with effect from September 1, 2016. Following the resignation of Ms. CHEUNG, Mr. HO has been appointed as an authorized representative of the company with effect from the same date.