CHYY Development Group Limited — Board/Management Information 2004

Aug 31, 2004

The Stock Exchange takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

IIN INTERNATIONAL LIMITED 國訊國際有限公司[*]

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 8128)

CHANGE OF AUDIT COMMITTEE MEMBER

The board of directors (the “Board”) of IIN International Limited (the “Company”) is pleased to announce that Mr. Chen Junliang, who is currently an independent non-executive director of the Company, was appointed as member of the audit committee of the Company in place of Mr. Wu Shu Min (“Mr. Wu”), an executive director of the Company, with effect from 1 September 2004. Mr. Wu has confirmed that there are no other matters that need to be brought to the attention of the shareholders of the Company in relation to his resignation as a member of the audit committee.

After such appointment, the audit committee of the Company will have 3 members, all being independent non-executive directors of the Company.

By order of the board of IIN International Limited Chang Ye Min, William President & Chief Executive Officer

As at the date of this announcement, the directors of the Company comprise the following:

Wu Shu Min (Executive Director)

Chang Ye Min, William (Executive Director)

Jin Feng (Executive Director)

Zhu Rong (Non-executive Director)

Lo Wai Shun (Non-executive Director)

Christopher Leong Ka Cheong (Non-executive Director)

Chan Wai Dune (Independent non-executive Director)

Ng Ching Wo (Independent non-executive Director)

Chen Jun Liang (Independent non-executive Director)

Wang Qian (Alternate Director)

Hong Kong, 31 August 2004

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This announcement, for which the directors of IIN International Limited collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the Growth Enterprise Market of the Stock Exchange (the “GEM Listing Rules”) for the purpose of giving information with regard to IIN International Limited. The directors of IIN International Limited, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief: (1) the information contained in this announcement is accurate and complete in all material respects and not misleading; (2) there are no other matters the omission of which would make any statement in this announcement misleading; and (3) all opinions expressed in this announcement have been arrived at after due and careful consideration and are founded on bases and assumptions that are fair and reasonable.

This announcement will remain on the “Latest Company Announcement” page on the GEM website for at least 7 days from the date of publication.

• For identification purposes only

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