The board of directors of Hao Wen Holdings Limited announced that with effect from 1 July 2014, Ms. Yeung Mo Sheung, Ann resigned as an independent non-executive Director as well as a member of the audit committee of the company due to the fact that she will not be able to devote sufficient time to the company. The board also announced that Mr. Kwok Pak Yu, Steven has been appointed as an independent non-executive Director and a member of the audit committee, remuneration committee and nomination committee with effect from 1 July 2014. He is a partner and principal consultant at S. P. Kwok & Co.