The board of directors of Fortunet e-Commerce Group Limited announced that Ms. Wu Ching has resigned as an executive director of the company due to her decision to devote more time to her personal endeavors with effect from June 16, 2015. The board announced that Mr. Lai Fengcai resigned as chief executive officer of the company with effect from June 16, 2015 due to his resignation as executive director of the company which took effect on March 25, 2015. The board announced that Mr. Chan Yuk Man, Calvin has resigned as company secretary of the company due to his decision to devote more time to his personal endeavors; and Mr. Chan Chi Keung, Billy has been appointed as company secretary of the company, all with effect from June 16, 2015. The board announced that Mr. Chan Yuk Man, Calvin has ceased to be the authorized representative of the company under the Listing Rules; and Mr. Chan Chi Keung, Billy has been appointed as the authorized representative of the company under the Listing Rules, all with effect from June 16, 2015. Mr. Chan Chi Keung, Billy is the financial controller, company secretary, and one of the authorised representatives of the company. Mr. Chan has over 18 years' experience in auditing, accounting and financial management. He had worked in South China Media Group for 15 years from December 1999 to May
2015 and his latest position was the deputy financial controller. He had worked in South China Land Limited from January 2004 to June 2008 as the qualified accountant and company secretary.