The board of directors of TPV Technology Limited announced that Mr. Lu Ming has tendered his resignation from his position as a non-executive director and a member of each of the Remuneration Committee and Investment Committee of the company with effect from 16 March 2014 due to his retirement. The Board further announced the appointment of Dr. Li Jun as a non-executive director and a member of each of the Remuneration Committee and Investment Committee of the company with effect from 16 March 2014.