The Board of Directors of China Jicheng Holdings Limited announced that Ms. Lee Kit Ying, Winnie has been appointed as an Independent Non-Executive Director of the company with effect from 21 August 2015. Ms. Lee has over 20 years of experience in finance and administration. She has worked for various foreign and multi-national organizations.

Currently, she works for a private electronic company as finance and administration manager and company secretary. Save as disclosed herein, Ms. Lee has not at any time during the three years preceding the date of this announcement served nor is currently serving as a director of any other publicly listed companies in Hong Kong or overseas.