QKL Stores Inc. announced that effective as of June 25, 2014, immediately following the annual meeting, Mr. Cheng Kam Ho will serve as a member of the Audit Committee, Nominating and Corporate Governance Committee, and Compensation Committee of the board of directors of the company. Mr. Cheng will serve as the Chairman of the Compensation Committee of the board of directors of the company. Mr. Chaoying Li, the previous Chairman of the Compensation Committee and member of the Audit Committee, Nominating and Corporate Governance Committee, resigned effective on January 1, 2014.