The board of directors of China Netcom Technology Holdings Limited announced that Mr. Ng Kwok Chu, Winfield has resigned as an executive director, an authorised representative and a member of the Senior Management Committee of the company with effect from 26 May 2014. The Board further announced the appointment of Mr. Sung Kin Man as an executive Director, an authorised representative and a member of the Senior Management Committee of the Company with effect from 26 May 2014. Sung Kin Man has extensive management experience and was an executive director of UBS Securities Asia Ltd., responsible for business in Greater China and had been a director of Global Equity of Merrill Lynch Asia Inc. from 2005 to 2007.