The board of directors of C&D International Investment Group Limited announced that the Group has, on 15 March 2016, appointed Mr. Lin Wei Guo as the Chief Operating Officer of the Company with effect from 15 March 2016. His role will be to support the board of directors in managing the overall day-to-day business management of the Group. Mr. Lin, has been appointed as Financial Controller of the Company since 20 March 2015.

He had worked as the general manager of a branch of Xia Hua Electronics Company Limited. The Board further announced that Mr. Shi Zhen resigned from his position as Chief Executive Officer of the company with effect from 15 March 2016 and Ms. Zhao Chengmin resigned from her position as Deputy Executive Officer of the Company with effect from 15 March 2016 as Mr. Shi and Ms. Zhao require more time to pursue their business engagements in C&D Real Estate Corporation Limited, a controlling shareholder of the Company. Mr. Shi and Ms. Zhao remain as executive directors of the Company.