The board of directors of Hosa International Limited announced that the Board has established the risk management committee with effect from 1 April 2016. The Risk Management Committee shall consist of not less than three members. The Board has appointed Mr. Shi Hongliu, Mr. Shi Hongyan, Mr. Shi Zhixiong and Mr. Lui Wai Ming, as members of the Risk Management Committee.

Mr. Shi Hongliu has also been appointed as the chairman of the Risk Management Committee.