CWN Mining Acquisition Corporation announced the appointment of Mr. Wei Zhang as Chief Executive Officer effective March 31, 2016. The company also announced the resignation of Mr. Wen Hua Li as CEO. Mr. Zhang is the chairman of Shenzhen RiverStone Capital Management Co.

Ltd. In his close to 20 years of experience in the financial industry, Mr. Zhang served as manager and senior branch director in a number of commercial banks and fund management companies in China.