The board of directors of Novo Group Ltd. announced that with effect from December 18, 2015, Mr. Kwok Tung Fai has been appointed as the Chief Financial Officer of the company. Mr. Kwok is an associate member of the Hong Kong Institute of Certified Public Accountants and a fellow member of the Association of Chartered Certified Accountants. He is responsible for financial accounting, banking facilities and investor relations of the company and its subsidiaries.

Prior to joining the company, he has over 16 years of experience in corporate finance, merger and acquisition, company secretary, and financial accounting in various corporations, including multi-national accounting firms, a multi-national listed financial institution, listed companies in Hong Kong and other private companies. The Board further announced that, with effect from December 18, 2015, Mr. Chow Kin Wa, the Executive Director and Chief Executive Officer of the company, ceased to act as an authorised representative of the company and Mr. Kwok has been appointed as an authorised representative of the company pursuant to Rule 3.05 of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited.