The Board hereby announced that Mr. KUK Peter Z has been appointed as a non-executive director and the Co-chairman of the Board of the company, Mr. WANG has been appointed as an executive directors and member of executive committees of the company all appointment with effect from 4 June 2015. Mr. KUK Peter Z, former Managing Director of Investment Banking Department and the vice chairman of China business of Merrill Lynch (Asia Pacific) Ltd, as well as former Managing Director of Global Banking & Markets and China District vice-chairman of HSBC. Mr. KUK was the General Counsel of market and customer of Deloitte Touche Tohmatsu, and also served as Special Assistant to the Chief Executive Officer of the Greater China region.