The board of directors of Anxian Yuan China Holdings Limited announced that Mr. Cheng Gang has been re-designated from a Non-Executive Director to an Executive Director of the company and appointed as deputy chief executive officer of the company with effect from March 25, 2015. Mr. Cheng Gang, aged 52, was appointed as a Non-Executive Director on July 3, 2014. Mr. Cheng has 10 years working experience in mechanical manufacturing and 20 years in financial industry respectively.