Daohe Global Group Limited announced that Mr. HWANG Hau-zen, Basil has resigned as an executive director of the company, general counsel and head of development and investments of the Group, a member of the executive committee of the Board and company secretary of the company. Mr. HWANG Hau-zen, Basil has also ceased to act as an authorised representative of the company. Mr. HENG Victor Ja Wei has resigned as an independent non-executive director of the company and a member of the audit committee of the Board.

Mr. ZHANG Jifeng has been appointed as an executive director of the company and a member of the executive committee of the Board. Mr. LAU Shu Yan has been appointed as an independent non-executive director of the company and the chairman of the audit committee of the Board. Mr. ZHANG Huijun has been appointed as an independent non-executive director of the company, a member of each of the audit committee, the remuneration committee and the nomination committee of the Board.

Mr. WONG Hing Lin, Dennis, executive director, president and chief financial officer of the company, has ceased to be the chief financial officer of the company. He has remained as an executive director and president of the company. Mr. WONG Lim Yam has taken over the responsibilities of Mr. WONG Hing Lin, Dennis as the head of finance at the Company level with title of group financial controller.

Mr. WONG Lim Yam has been appointed as the company secretary and an authorised representative of the company. All of the above changes take effect from 11 January 2017.