The board of directors of Crystal International Group Limited announced that Mr. Lee King Fai (Mr. Lee) is stepping down as chief financial officer of the company with effect from 1 December 2018. Mr. Lee will also leave his positions as company secretary and authorized representative of the company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, and will also vacate his membership of the Corporate Development Committee of the company with effect from the same date. The board announced that Mr. Li Wai Kwan has joined the company as Chief Financial Officer Designate and will succeed Mr. Lee as Chief Financial Officer, Company Secretary and Authorized Representative with effect from 1 December 2018 and he has been elected as a member of the Corporate Development Committee of the company with effect from the same date.

Mr. Li Wai Kwan will be working closely with Mr. Lee to ensure a smooth transition. Mr. Li Wai Kwan is a versatile and experienced finance professional. Prior to joining the company, Mr. Li Wai Kwan was the chief financial officer of Zhuhai Dahengqin Property Limited.