The board of Cheong Ming Investments Limited announced that Mr. Lin, Madam Su and Mr. Lin Xiaodong will be appointed as executive Directors, and Mr. Yu Leung Fai, Mr. Fang Jixin and Ms. Li Jue will be appointed as independent non-executive Directors with effect from June 30, 2014. Mr. Lin is a member of the Committee of Shenzhen City of the Chinese People's Political Consultative Conference and a member of the Committee of Futian District, Shenzhen City of the Chinese People's Political Consultative Conference. Mr. Lin Xiaodong is currently a deputy general manager.

Mr. Lin Xiaodong is the brother of Mr. Lin. Mr. Yu has been the company secretary of Haichang Holdings Ltd. since March 2014. Mr. Fang Jixin has joined Shenzhen City Zhidongli Precise Technology Company Limited since 2012 and is currently the deputy general manager and secretary to the board of directors.