The Board of Fuyao Glass Industry Group Co., Ltd. announced that, with effect from March 25, 2017, Mr. Ye Shu has been appointed as the president of the company, and his term of office shall start from the day upon which his appointment is approved at the Board meeting of the company held on March 25, 2017 and end on the expiry date of the eighth session of the Board. At the same time, Mr. Ye Shu ceased to be a vice president of the company. Mr. Ye Shu joined the company in July 2003. He held various positions in the company, including the vice president of the company from February 2017 to March 2017, director of the supply management department of the company from June 2009 to February 2017, the vice president of the procurement department of the company from March 2009 to June 2009, and the president of Fuyao Hainan Float Glass Co., Ltd. from May 2008 to November 2008.