The board of directors of China Huarong Energy Company Limited announced that Mr. Hong Liang, an executive Director of the company, has been appointed by the Board as the chief operating officer of the company with effect from 27 November 2017. Mr. Hong, is an executive Director of the Company. Mr. Hong joined the Group in 2006 and was appointed as an executive Director on 24 October 2010. He is a member of the finance and investment committee of the Company. He is also a director of certain subsidiaries of the Company. Mr. Hong is primarily responsible for investment and financing, capital as well as cost and budget management.