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SKYOCEAN INTERNATIONAL HOLDINGS LIMITED
(Incorporated in Bermuda with limited liability)
(Stock Code: 593)
APPOINTMENT AND RESIGNATION OF EXECUTIVE DIRECTORS
The board of directors (the "Board") of SkyOcean International Holdings Limited (the "Company") is pleased to announce that Mr. Yang Hongguang (:m*1é) ("Mr. Yang") has been appointed as an executive director of the Company with effect from the date of this announcement.
Mr. Yang, aged 52, graduated from Beijing Iron and Steel Institute* (�1R@]�!J!m) (now known as University of Science & Technology Beijing* (�1R4ì*!J) in 1984 and completed the Executive MBA Programme of China Europe International Business School and was awarded the degree of Master of Business Administration in 2003. Mr. Yang has been the Vice President of SkyOcean Group Holdings Co., Ltd. since November 2009. Prior to that, Mr. Yang had been the Executive Vice President of Changchun Jida Easy Software Engineering Co., Ltd.*(��tf*iJJ,_kf4=*T�0RJ), General Manager of Beijing Weihao Smart Glass Co., Ltd.* ( �1R$:�fgflW�*T�0RJ ), Deputy General Manager of Qinhuangdao Anyue Real Estate Development Co., Ltd.* (� *T�0
RJ), Deputy General Manager of Qinhuangdao Ocean Properties Co., Ltd.* (� Jilf'it'*
*T�0RJ) and Vice President of Baotou Iron and Steel Design and Research Institute,
Qinhuangdao Branch* ('EJi@]�JtjlfJf'JE!m� Jt!m). Mr. Yang has more than 30 years
SKYOCEAN INTERNATIONAL HOLDINGS LIMITED Zhou Zheng
of experience in enterprise management and development.
Mr. Yang did not hold any directorship in any listed public companies in Hong Kong or overseas during the past three years and he does not have any relationship with any other director, senior management or substantial or controlling shareholder of the Company.
Mr. Yang has been appointed for a term of three years, but he will be subject to retirement at the next general meeting of the Company after his appointment and thereafter subject to retirement by rotation at least once every three years and re-election at the annual general meetings of the Company in accordance with the Bye-laws of the Company or any other applicable laws from time to time. Mr. Yang will be entitled to a director's fee of HK$120,000 per annum which is determined with reference to his experiences and responsibilities with the Company, the prevailing market conditions and the terms of the Company's remuneration policy.
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As at the date of this announcement, Mr. Yang does not have any interest in the shares, underlying shares or debentures of the Company within the meaning of Part XV of the SFO and he is not aware of any other matters that need to be brought to the attention of the holders of the securities of the Company. Save as disclosed above, there is no other information in relation to Mr. Yang that should be disclosed pursuant to paragraphs (h) to (v) of Rule
13.51(2) of the Listing Rules.
The Board also announces that Ms. Zhou Jin ("Ms. Zhou") resigned as an executive director of the Company with effect from the date of this announcement as she would like to concentrate on her other commitments. Ms. Zhou confirmed that she has no disagreement with the Board and there is no matter in respect of her resignation that needs to be brought to the attention of the shareholders of the Company.
The Board would like to express its sincere gratitude to Ms. Zhou for her valuable contributions to the Company during her tenure of office.
By Order of the Board
Hong Kong, 9 January 2015
As at the date of this announcement (taking into account the appointment and resignation of Directors), the Board comprises Mr. Zhou Zheng (Chairman and Chief Executive Officer), Mr. Liu Li, Mr. Yang Hongguang and Mr. Chan Tak Kwong being the executive Directors, and Mr. Li Chak Hung, Dr. Meng Xiaosu, Mr. Yang Buting and Zhao Daxin being the independent non-executive Directors.
* For identification purpose only
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