The board of directors of Time2U International Holding Limited (the 'company') announced that the company and Cinda International Capital Limited ('Cinda') have mutually agreed to terminate the compliance adviser agreement entered into between the Company and Cinda on 30 July 2014. The termination will take effect from 1 December 2016 due to the forthcoming internal personnel changes of Cinda as a result of which Cinda will not have the required qualification/licence and sufficient human resources to carry out its obligation as the compliance adviser under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited upon the effective date of the abovesaid personal changes of Cinda.