The board of directors of Golden Resources Development International Limited announced that, with effect from 30 September, 2013, Mr. Richard LAU Siu Sun has resigned as the Independent Non-executive Director and the member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee of the company due to his retirement. The Board also announced that, with effect from 30 September, 2013, Mr. Ronald YAN Mou Keung has been appointed as the Independent Non-executive Director and the member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee of the company. Mr. Ronald YAN Mou Keung, has more than 27 years of experience in running retail fashions and had been an executive director and an operations director of a men's fashion retail chain.

He had extensive experience in developing and promoting of brands, marketing and apparel distribution in fashion business. Mr. Yan is the Convenor of Yau Tsim Mong District Fight Crime Committee and the Convenor and the Vice Chairman of Yau Tsim Mong No-drug Alliance Steering Committee.