The board of directors of Birmingham Sports Holdings Limited announced that Mr. Hsiao Charng Geng (Mr. Hsiao) has been appointed as an Executive Director of the company with effect from 14 June 2017. Mr. Hsiao held senior management positions in several international commercial banks. Mr. Hsiao has extensive experience in strategies formulation, corporate management, risk control and internal control in multinational corporations, and in financial institutions in particular. The board also announced that Mr. Zhu Kai (Mr. Zhu) has resigned as an Executive Director of the company with effect from 14 June 2017 as Mr. Zhu needs to devote more time to his other business engagements.