The board of directors of China Investment and Finance Group Limited of China Investment and Finance Group Limited announced that Mr. Simon Luk had been appointed as an independent non-executive director and the member of each of the audit committee and the remuneration committee of the company with effect from 2 July 2014. Mr. Luk, aged 48, is a responsible officer for the regulated activities of asset management (Type 9) under the Securities and Futures Ordinance since 2003. Mr. Luk has over 10 years' experience in asset management and investment advising.

Mr. Luk worked in various investment advising companies. The board further announced that, with effect from 2 July 2014, Mr. Leung Kwong Kin had tendered his resignation as an independent non-executive Director and ceased to act as the member of each of the audit committee and the remuneration committee of the company in order to devote more time on his other business commitments.