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Thursday, 10 December 2015, 09:04 HKT/SGT
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Source: Guru Online (Holdings) Limited
Guru Online Appoints Mr. Wang Zhong Lei as Non-Executive Director
Strengthens Cooperation with Huayi Brothers Group
Joint Development of the Internet Business to Capitalize on Massive Opportunities

HONG KONG, Dec 10, 2015 - (ACN Newswire) - Guru Online (Holdings) Limited ("Guru Online" or the "Group"; stock code: 8121), a leading integrated digital marketing services provider in Hong Kong, is pleased to announce its appointment of Mr. Wang Zhong Lei as non-executive director, effective as of today. This appointment marks the first time that Mr. Wang Zhong Lei will serve as a member of the board of directors for a listed company in Hong Kong. Ms. Hu Ming, director and deputy general manager of Huayi Brothers Media Corporation ("Huayi Brothers"; stock code: 300027), will resign from her position as non-executive director of Guru Online on the same day.

Mr. Wang Zhong Lei is the current vice chairman of Huayi Brothers. In 1994, he and Mr. Wang Zhong Jun founded Huayi Brothers Advertising Co., Ltd., a company engaged in film entertainment and marketing in the Greater China region. Mr. Wang Zhong Lei has nearly 20 years of management experience in marketing. He is also a renowned film and television producer and was named "Outstanding Contributor to the Entertainment Industry" in 2008. In addition, Mr. Wang Zhong Lei is the vice president of China Film Association's Young Filmmakers Commission, and has made extensive contributions to China's entertainment industry.

Mr. Alan Yip, Chairman of Guru Online, said, "We are pleased that Mr. Wang Zhong Lei has joined the Board of the Directors of Guru Online. Mr. Wang is the founder, vice chairman and general manager of our major shareholder Huayi Brothers and possesses many years of management experience in marketing. With Mr. Wang's well-established connection, we believe that he can provide invaluable recommendations for the Group's business development, thereby creating strategic benefits for Guru Online. We will actively explore opportunities to further our cooperation with Huayi Brothers, which will enable us to develop the internet business together and capitalize on massive opportunities in the process. We would also like to express our sincere gratitude to Ms. Hu Ming for her contribution to the Group in the past and we wish her all the best in her future endeavors."

Mr. Wang Zhong Jun, Chairman and CEO of Huayi Brothers Media Corporation, said, "As one of Huayi Brothers' core strategic partners, we have always pay close attention to Guru Online's future development. Huayi Brothers has continued to expand its presence in the entertainment industry in recent years by setting up cultural media companies and cinemas; entering the internet and games market; and by developing its cultural landmark tourism business. Guru Online and its experience with the industry will help filing the missing piece in our Internet business layout, and thus achieving our Group's goal in both globalization and diversification."

Contact:
Strategic Financial Relations Limited
Heidi So      +852 2864 4826 / 9461 7088  heidi.so@sprg.com.hk 
Keris Leung   +852 2864 4863 / 9606 4047  keris.leung@sprg.com.hk
Brian Wong    +852 2114 4979 / 6180 2856  brian.wong@sprg.com.hk 


Topic: Press release summary
Source: Guru Online (Holdings) Limited

Sectors: Daily Finance, IT Individual
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