On May 16, 2016, the board of directors of Great China International Holdings Inc. adopted resolutions increasing the number of directors on the board to three and electing Mr. Yizhao Zhang as a director to fill the new directorship. Mr. Yizhao Zhang is a director of Kaisa Group Holdings Ltd. and China Carbon Graphite Inc. Mr. Zhang has over 18 years of experience in accounting and internal control, corporate finance, and portfolio management.