The Board of Directors of Shanghai La Chapelle Fashion Co., Ltd. announced that Mr. Yu Qiang has been appointed as Chief Financial Officer of the company with effect from 3 May 2016. Mr. Yu has over 20 years of experience in the financial management field. Prior to joining the company, Mr. Yu worked at Sinochem International Corporation from December 1998 to January 2010 and was the general manager of the finance division from March 2007 to January 2010.