The board of directors of Smartac Group China Holdings Limited announced that Ms. Huang Yue Qin has resigned as an executive director of the company with effect from 31 December 2015 due to her personal reasons. The Board announced that Mr. Yang Zhen has been appointed as an executive director of the company with effect from 31 December 2015. Mr. Yang Zhen is currently the president of the Hong Kong Association of Yixing and the vice president of Yixing Young Entrepreneurs Association.

Mr. Yang had served as a director of Century Dragon Investment Limited (an indirect wholly owned subsidiary of the company until 18 December 2015) from 9 August 2000 until 18 December 2015. Mr. Yang is also appointed as the business development director of the company since 1 September 2014. He is responsible for the promotion of wireless network, O2O systems and solutions for the wireless system installation and software development.