Zhuguang Holdings Group Company Limited at its AGM held on June 05, 2012, announced that Dr. Zhang Jianqi, an independent non-executive Director of the company, has decided not to stand for re-election and retired from the Board after the conclusion of the AGM due to other business commitments. The company also announced that Mr. Law Shu Sang Joseph and Mr. Wong Chi Keung have been appointed as independent non-executive sirectors of the company with effect from June 05, 2012. Mr. Law is a member of the Institute of Chartered Accountants in England and Wales and the Hong Kong Institute of Certified Public Accountants. Mr. Law was active in direct investment in the People's Republic of China and has held senior position in investment banking with major international investment banks in Hong Kong. Mr. Law is also a member of the Audit Committee, the Nomination Committee and the Remuneration Committee of the company. Mr. Wong has over 33 years of experience in finance, accounting and management. He is a fellow member of Hong Kong Institute of Certified Public Accountants, the Association of Chartered Certified Accountants and CPA Australia, and an associate member of The Institute of Chartered Secretaries and Administrators and The Chartered Institute of Management Accountants. Mr. Wong is currently an independent non-executive director of each of Asia Orient Holdings Limited.