hmvod Limited — Board/Management Information 2012

Dec 31, 2012

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

Tai Shing International (Holdings) Limited 泰盛國際（控股）有限公司[*]

(Incorporation in the Cayman Islands with limited liability)

(Stock Code: 8103)

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The Board is pleased to announce that with effect from 31 December 2012, Mr. Tan Heming has been appointed as an independent non-executive Director.

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The board (“ Board ”) of directors (“ Directors ”) of Tai Shing International (Holdings) Limited (“ Company ”, together with its subsidiaries, the “ Group ”) is pleased to announce that with effect from 31 December 2012, Mr. Tan Heming (“ Mr. Tan ”) has been appointed as an independent non-executive Director.

Mr. Tan, aged 31, is the sales chief executive ( 營銷總監 ) of 上海海尚眼鏡有限公司 (unofficial English translation being “Shanghai Haishang Glasses Limited”) since May 2007.

A letter of appointment was entered into between the Company and Mr. Tan. Mr. Tan is appointed for a term of one year and is subject to retirement by rotation and other related provisions as stipulated in the articles of association of the Company.

The remuneration of Mr. Tan will be HK$2,000 per month which was determined by the Board with reference to the prevailing market conditions, his role and responsibilities.

Save as disclosed above, Mr. Tan has not held any other major appointments and professional qualifications and does not hold any directorships in other listed company in the last three years, nor does he have any relationship with any Director, senior management, substantial or controlling shareholders of the Company. Other than the directorship in the Company, Mr. Tan does not hold other positions with the Company or other members of the Group. Mr. Tan also does not have any interest in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (“ SFO ”).

• For identification purpose only

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Save as disclosed above, there is no further information to be disclosed pursuant to the requirements of Rule 17.50(2)(h) to (v) of the Rules (“ GEM Listing Rules ”) Governing the Listing of Securities on the Growth Enterprise Market (“ GEM ”) of The Stock Exchange of Hong Kong Limited and there is no other matters relating to the appointment of Mr. Tan that need to be brought to the attention of the shareholders of the Company.

FAILING TO MEET THE REQUIREMENT OF RULE 5.05A OF THE GEM LISTING RULES

According to Rule 5.05A of the GEM Listing Rules, the Company must appoint independent non-executive Directors representing at least one-third of the Board by 31 December 2012. As there are currently 14 Directors, at least five independent non-executive Directors are required for the Company to meet the requirement of Rule 5.05A of the GEM Listing Rules. As the Company has only four independent nonexecutive Directors, the Company fails to meet such requirement and the Company shall appoint a sufficient number of independent non-executive Directors to meet the minimum number required under 5.05A within three months from the date of this announcement.

By Order of the Board of Tai Shing International (Holdings) Limited Liu Bo Chairman and executive Director

Hong Kong, 31 December 2012

As at the date of this announcement, the Board comprises the following Directors:

Executive Directors:

Mr. Liu Bo (Chairman) Mr. Han Fangfa Ms. Ju Lijun Ms. Huang Miaochan Mr. Ip Ho Ming Ms. Wong Sau Wai Serena Mr. Zhang Jinshu

Non-executive Directors:

Dr. Pan Jin Mr. Dai Yuanxin Ms. Xiao Yongzhen

Independent non-executive Directors:

Mr. Tang Sze Lok Mr. Xu Jingbin Ms. Hu Yun Mr. Tan Heming

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This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the “ Latest Company Announcements” page of the GEM website at www.hkgem.com for at least 7 days from the date of its publication.

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