Television Broadcasts Limited — Board/Management Information 2014

Jul 9, 2014

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.

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CHINA FORTUNE FINANCIAL GROUP LIMITED 中 國 富 強 金 融 集 團 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 00290) Website: http://www.290.com.hk

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND

MEMBER OF AUDIT COMMITTEE

The Board is pleased to announce that Mr. CHAN Kin Sang has been appointed as an independent non-executive Director and a member of the audit committee of the Company with effect from 9 July 2014.

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND MEMBER OF AUDIT COMMITTEE

The board (the ‘‘Board’’) of directors (the ‘‘Directors’’) of China Fortune Financial Group Limited (the ‘‘Company’’) is pleased to announce that Mr. CHAN Kin Sang (‘‘Mr. Chan’’) has been appointed as an independent non-executive Director and a member of the audit committee of the Company with effect from 9 July 2014.

Mr. Chan, aged 62, currently is an independent non-executive director of Tianhe Chemicals Group Limited, China Taifeng Beddings Holdings Limited and China Precious Metal Resources Holdings Company Limited, all of which are listed on main board of The Hong Kong Stock Exchange Limited (the ‘‘Stock Exchange’’). Mr. Chan is also an independent nonexecutive director of Tianjin TEDA Biomedical Engineering Company Limited, a company listed on the Growth Enterprise Market of the Stock Exchange (the ‘‘GEM’’). He was an independent non-executive director of Combest Holdings Limited from September 2004 to June 2011 and has been a non-executive director since June 2011, a company listed on the GEM. Mr. Chan is an independent non-executive director of Luxking Group Holdings Limited and a non-executive director of Pan Hong Property Group Limited, both of which are listed on the Singapore Exchange Securities Trading Limited.

Mr. Chan was a senior partner of Messrs. Peter K.S. Chan & Co., Solicitors and Notaries (a law firm which provides various services including corporate matters and litigations) from September 1996 to April 2006 and has been the sole proprietor since then.

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His past directorships in publicly listed companies, among others, a non-executive director and an independent non-executive director of Pacific Plywood Holdings Limited from December 2011 to April 2013 and from April 2010 to December 2011, respectively, a company listed on main board of the Stock Exchange, a non-executive director of United Pacific Industries Limited from January 2011 to June 2013, an alternate director of Zhongda International Holdings Limited from March 2012 to March 2013 and a non-executive director of Mayer Holdings Limited from June 2010 to December 2011, all of which are listed on main board of the Stock Exchange, an independent non-executive director of Ming Kei Holdings Limited from March 2012 to June 2012, a company listed on GEM, and an independent nonexecutive director of People’s Food Holdings Limited from February 2001 to January 2014, a company listed on the Singapore Exchange Securities Trading Limited.

Mr. Chan obtained a bachelor’s degree in laws from the University of Hong Kong in November 1979 and a postgraduate certificate in laws from the University of Hong Kong in July 1980. He has been a practising solicitor in Hong Kong since April 1982 and has been admitted as a Notary Public since April 1997 and a China-appointed Attesting Officer since January 2000. Mr. Chan has also been a Fellow of the Hong Kong Institute of Directors since August 2004, a Chairman of the Appeal Tribunal (Buildings Ordinance Cap.123) since February 2007, and a member of the Solicitors Disciplinary Tribunal since January 2005.

The remuneration of Mr. Chan as an independent non-executive Director is HK$18,000 per month, which is determined by the Board with reference to his duties, academic background, working experience and responsibilities in the Company as well as the prevailing market conditions. The Company and Mr. Chan will enter into an appointment letter for a term of one year with effect from 9 July 2014. He will retire and be eligible for re-election at the next annual general meeting of the Company. Thereafter, he shall retire by rotation and be eligible for re-election in accordance with the retirement by rotation and re-election requirements stipulated in the articles of association of the Company.

Save as disclosed above, Mr. Chan does not hold any other position in the Company or any of its subsidiaries and has not held any directorship in any other publicly listed companies the securities of which are listed on any securities market in Hong Kong or overseas in the last three years, and he does not have any relationship with any Directors, senior management or substantial or controlling shareholders of the Company or their respective associates (as defined under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (‘‘Listing Rules’’)). As at the date of this announcement, Mr. Chan does not hold any interest in the shares, underlying shares or debentures of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Save as disclosed above, there is no other information relating to the appointment of Mr. Chan as an independent non-executive Director and a member of the audit committee of the Company that needs to be brought to the attention of the shareholders of the Company or disclosed pursuant to Rule 13.51(2) of the Listing Rules.

Following the appointment of Mr. Chan as an independent non-executive director and a member of the audit committee, the Company has fulfilled the requirements of minimum number of independent non-executive directors and audit committee members under Rules 3.10(1), 3.10(A) and 3.21 of the Listing Rules.

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The Board would like to take this opportunity to express its warmest welcome to Mr. Chan for his joining to the Company.

By Order of the Board of China Fortune Financial Group Limited NG Cheuk Fan Keith Managing Director

Hong Kong, 9 July 2014

As at the date of this announcement, the Board consists of four executive Directors, namely Mr. WONG Kam Fat Tony (Chairman), Mr. NG Cheuk Fan Keith (Managing Director), Mr. HON Chun Yu and Mr. XIA Yingyan; one non-executive Director, namely Mr. WU Ling; and three independent non-executive Directors, namely Mr. CHAN Kin Sang, Mr. NG Kay Kwok and Mr. TAM B Ray Billy.

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