Due to other job commitments, at the conclusion of the annual general meeting of Golden Eagle Retail Group Limited held on 13 May 2015, Mr. Wang Yao retired as an independent non-executive director of the company and did not offer himself for re-election. He has also ceased to be a member of the Audit Committee of the company. At the AGM, Mr. Wang Sung Yun, Eddie was elected as an independent non-executive director of the company.

He was also appointed as a member of the Audit Committee of the company.