The board of China Railsmedia Corporation Limited announced that with effect from February 5, 2014; Mr. XUE Qi Liang has been appointed as Honorary Chairman; Mr. WAN Boao has been appointed as Honorary Consultant; Ms. WANG Miaojun has been appointed as Independent Non-Executive Director, the Chairman of nomination committee and the member of remuneration committee; and Mr. HUI Chi Yung has resigned as an Executive Director, Chairman of the Board, Chairman of nomination committee and the member of remuneration committee. Mr. TAN Bondy has been appointed as the member of nomination committee. Mr. XUE, aged 69, currently is party committee member of the 8th communist party of china ("CPC") central committee Publicity Department and Party Committee Secretary of Bureau of Retired Veteran Cadres of CPC Central Committee Publicity Department.