The board of directors of Man Sang Jewellery Holdings Limited announced that with effect from 20 December 2016: Mr. Luk, Siu Fung Mark and Mr. Lee Tsz Hang have been appointed as executive Directors; and Mr. Chan Chi Yuen has been appointed as an independent non-executive Director. From July 2011 to August 2015, Mr. Luk, Siu Fung Mark worked in SinoCloud Group Limited (formerly known as Armarda Group Limited). Mr. Luk joined Alternus Capital Holdings Limited as an associate director in 2015 and has been involved in various investment, corporate finance and merger and acquisition projects. Mr. Lee Tsz Hang, aged 42, has over 15 years of securities and financial markets, and corporate finance experience, including securities investment, initial public offerings, mergers and acquisitions, corporate and capital restructuring, business projects evaluation, and equity and debt fund raising. Mr. Lee is currently the director of Win Ways Investment Limited, he has been involved in a number of listed, non-listed companies, financing mergers, acquisitions and other projects. In addition, Mr. Lee is currently an executive director of Tech Pro Technology Development Limited. Mr. Chan Chi Yuen is currently an executive director of Noble Century Investment Holdings Limited, Co-Prosperity Holdings Limited and e-Kong Group Limited. He is also an independent non-executive director of Asia Energy Logistics Group Limited, REX Global Entertainment Holdings Limited, Jun Yang Solar Power Investments Limited, Media Asia Group Holdings Limited, U-RIGHT International Holdings Limited and New Times Energy Corporation Limited.