The board of directors of New Times Energy Corporation Limited (the Company) announced that Ms. Law Ka Man (Ms. Law) resigned as Company Secretary of the Company and ceased to act as an authorised representative of the Company under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the Listing Rules) with effect from October 12, 2015. The Board further announced that Mr. Lai Chi Fung (Mr. Lai) has been appointed to replace Ms. Law as the Company Secretary and an authorised representative of the Company as required under the Listing Rules with effect from October 12, 2015. Mr. Lai, aged 35, joined the Company in April 2012 and is currently the Financial Controller of the Company.

He is a member of the Hong Kong Institute of Certified Public Accountants and has more than 11 years of experience in accounting and auditing.