The board of directors of Culturecom Holdings Limited announced that with effect from 14 December 2018, Mr. Mung Yat Lik will be appointed as an independent non-executive Director of the Company. Mr. Mung Yat Lik has 30 years of experience in investment management, tourism, logistics and investment property. In particular, he has extensive experience in cooperation with state-owned enterprises in investment and operations, as well as cable media management. Mr. Mung acted as the vice president and general manager of Guangdong Southern Yinshi Cable Media Company Limited. Mr. Mung is currently the managing director of Guangdong Guoye Greenhouse Technology Limited, the vice president and investment director of Xiamen Xinyou Logistics Company Limited and the vice president and investment director of Hainan Shenxing Travel Limited.