The board of directors of Technovator International Limited announced that Mr. Lu Zhicheng has resigned as a non-executive Director, the chairman of the Board and a member of the nomination committee of the company with effect from November 16, 2015 since he has reached the retiring age. Mr. Fan Xin has been appointed as the chairman of the Board and a member of the Nomination Committee with effect from 16 November 2015. Mr. Wang Yinghu has been appointed as a non-executive Director of the company to fill the casual vacancy after the resignation of Mr. Lu Zhicheng with effect from 16 November 2015.

In 2008, Mr. Wang joined Tsinghua Tongfang Co. Ltd. and held several positions including the Chief Manager of Audit Department, Chief Manager of Finance Department, and Vice Chief Accountant cum Chief Manager of Finance Department. He has almost 20 years of experience in the areas of accounting, audit and financial management, where he was employed by ShineWing Certified Public Accountants and was a Senior Auditor, Senior Project Manager and Assistant Manager of Audit Department.