The board of directors of South China Financial Holdings Limited announced that Ms. Ng Yuk Mui Jessica (Ms. Jessica Ng) has been appointed as an Executive Director and a member of Executive Committee of the company with effect from 12 November 2015. Ms. Jessica Ng is a non-executive director of South China Holdings Company Limited and a non-executive director and a member of the audit committee of South China Land Limited being. She also holds several directorships in certain subsidiaries of the Group.

Moreover, she is the chief executive officer of South China Media Limited. The Board also announced that Mr. Richard Howard Gorges and Mr. Paul Ng have tendered their resignation as Executive Directors and Vice chairman of the company and ceased to act as members of the Executive Committee of the company on 12 November 2015 in order to devote more time for their role as executive directors of SCHC and SCL and executive director of SCL respectively. The Board further announced that Ms. Chan Sau Mui Juanna has been appointed as the company secretary of the company and the authorized representative of the company under Rule 3.05 of the Listing Rules with effect from 12 November 2015.

Ms. Chan is an associate member of the Hong Kong Institute of Chartered Secretaries and the Institute of Chartered Secretaries and Administrators respectively.