The board of directors of Dragon Crown Group Holdings Limited announced that Ms. LEE Mei Yi ("Ms. LEE") has resigned as the company secretary of the Company with effect from 24 February 2016. The Board announced that, pursuant to Ms. LEE's resignation as the company secretary of the Company, Mr. LAU Lai Chi ("Mr. LAU") has been appointed as the company secretary of the Company with effect from 24 February 2016. Mr. LAU has joined the Company as the chief financial officer since August 2015.

Prior to joining the company, Mr. LAU had about 5 years working experience in an international firm of certified public accountants and about 15 years of experience in key financial position in Hong Kong listed companies and multi-national companies. Mr. LAU has extensive experience within the area of auditing, accounting and financial management, taxation, corporate and project finance and management.