The board of directors of Hosa International Limited announced that Mr. Zeng Shaoxiong has tendered his resignation as an executive director, authorized representative and a member of the nomination committee of the company with effect from 26 May 2015 in order to devote more time on his other business commitments. In replacement of Mr. Zeng, each of Mr. Shi Hongliu and Mr. Shi Hongyan has been appointed as an authorized representative and a member of the nomination committee of the company, respectively, with effect from 26 May 2015.