The board of directors of Yangtzekiang Garment Limited announced that Dr. Chan Sui Kau, the Chairman of the Board and an executive Director, has been re-designated as the Honorary Chairman; and Mr. Chan Wing Fui, Peter, the Vice Chairman of the Board and an executive Director, has been re-designated as the Chairman of the Board, with effect from July 2, 2015. Notwithstanding the above re-designation, all of the above-named directors will remain as executive directors. Dr. Chan Sui Kau also served as the executive director from 1988 and honorary chairman of YGM Trading Limited from 2010 until January 2015.

Chan Wing Fui has been appointed as the Chairman of the board of directors of YGM Trading Limited since 2010.