The Board of Directors of LCT Holdings Limited announced the re-designation of Mr. Tao Qiang from a Non-Executive Director to an Executive Director of the company with effect from August 8, 2018. The company announced the re-designation of Mr. Deng Hua from an Executive Director to Non-Executive Director of the company with effect from August 8, 2018. Mr. Tao Qiang will step down as a Member of the Audit Committee and Remuneration Committee and Mr. Deng Hua will be appointed as a Member of the Audit Committee and Remuneration Committee with effect from August 8, 2018.