The Board of Directors of Asia Fashion Holdings Limited announced that Mr. Chong Tin Yam, Alex will cease to be the executive director and CEO of the Company with effect from 29 March 2018. Ms. Wang Jie Yao, Airy will be appointed the executive director and CEO of the Company with effect from 29 March 2018. Mr. Chong Tin Yam, Alex is no longer a member of the Board.

His position on the Board is now filled by Ms. Wang.