Tungtex (Holdings) Company Limited announced that Ms. Lee Siu Mei has tendered her resignation as the group chief financial officer and the company secretary of the Company both with effect from August 15, 2016. Ms. Lee has confirmed that she has no disagreement with the Board and there is no matter in relation to her resignation that needs to be brought to the attention of the shareholders of the company. The Board also announced that Ms. Cheung Yiu Shan will be appointed to replace Ms. Lee as the group chief financial officer of the company with effect from August 15, 2016.

Ms. Cheung Yiu Shan will be responsible for the Group's financial operations. She has over 18 years of accounting and audit experience. Prior to joining the Company, she worked as group financial controller at a company listed on the London Stock Exchange.

The Board also announced that Ms. Cheng Pik Yuk will be appointed to replace Ms. Lee as the company secretary of the company with effect from August 15, 2016. Ms. Cheng is a director of corporate services of Tricor Services Limited. She has over 30 years of experience in the corporate secretarial field, providing corporate secretarial services to Hong Kong listed companies and multi-national companies.

She is currently the company secretary/joint company secretary/assistant company secretary of some companies listed on The Stock Exchange of Hong Kong Limited.