The board of directors of Sparkle Roll Group Limited announced that Mr. Qi Jian Hong, the controlling shareholder of the Company, has accepted the invitation to serve as the Honorary Chairman (but not a director) of the Company with effect from 1 April 2017. Mr. Qi is currently the directors and legal representatives of certain subsidiaries of the Group. Mr. Qi will not receive any remuneration for acting as the Honorary Chairman of the Company and will not assume any executive function at the Board. Mr. Qi will continue to provide invaluable contribution to the Group in his new role as the Honorary Chairman of the Company given his substantial experience and acumen in the management and operation in luxury goods market.