The board of AAG Energy Holdings Limited announced that, on December 8, 2017, Mr. Fei Nie was appointed as a non-executive director of the company with effect from the same date, responsible for strategic development and investor relations. Mr. Nie is a Senior Executive at China Mingsheng Investment Group. He joined CMIG as a key member of founding team in 2014 and has over eight years of investment experience in the energy sector. He is currently based in Beijing and holds several senior management positions within CMIG Group including Executive Director of CMH Investment, Director and Executive Vice-President of China Minsheng (Guangxi) Investment and Chairman of the Board at CM&U (Guangxi). Mr. Nie also served as a board member of Shaanxi Sijichun Clean Energy Co. Ltd. since 2015.