The board of directors of Earnest Investments Holdings Limited announced that ZHANG Yufei has been appointed as a chief executive officer of the Company with effect from 28 July 2016.Mr. ZHANG has accumulated over 8 years of experience in the banking industries in the People's Republic of China. He worked at China Merchants Bank (Tianjin branch) from July 2007 to October 2015 and has served various positions including general manager of the wealth management department, assistant to the general manager of the retail banking department, deputy branch manager and product manager.