Kith Holdings Ltd. announced at special general meeting held on June 27, 2014, the shareholders of the company approved the proposal to remove with immediate effect Mr. Hui King Chun Andrew as executive director of the company and to remove with immediate effect Mr. Hui Bin Long as executive director of the company. The shareholders also approved the appointment of Ms. Cheng Hung Mui, Mr. Zhang Xiaofeng, Mr. Liu Qingchang, Mr. Wei Ren, and Mr. Liu Shihong executive directors of the company, Mr. Guo Min and Ms. Connie Xiaohua Zhang as non-executive directors of the company, and Mr. Lai Canhui and Mr. Ho Chun Chung, Patrick as independent non-executive directors of the company.