The board of directors of South China Financial Holdings Limited announced that Dr. Wang Wei Hsin has been appointed as an Executive Director, a member of the Executive Committee and an Authorized Representative of the company with effect from 28 March 2017. He joined the group as Chief Executive Officer on 3 May 2016. Dr. Wang is also a director of certain subsidiaries of the company. Prior to joining the Group, he served as a chairman and chief executive officer of SinoPac Securities (Asia) Limited.