The board of directors of South China Financial Holdings Limited announced that Mr. Chan Hing Wah has resigned as the company's Executive Director and Authorized Representative under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited with effect from 3 October 2014 in order to pursue his other development. As regards the office of Authorized Representative, the company has appointed Mr. Shing On Wai, the company secretary, to be the Authorized Representative under the Listing Rules with effect from 3 October 2014.